House
File
391
-
Enrolled
House
File
391
AN
ACT
INCREASING
THE
REQUIRED
AMOUNT
FOR
A
SURETY
BOND
NECESSARY
FOR
THE
ISSUANCE
OF
A
TRAVEL
TRAILER
DEALER’S
LICENSE,
AND
INCLUDING
APPLICABILITY
PROVISIONS.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
Section
1.
Section
322C.4,
subsection
4,
Code
2019,
is
amended
to
read
as
follows:
4.
Before
the
issuance
of
a
travel
trailer
dealer’s
license,
the
applicant
shall
furnish
a
surety
bond
executed
by
the
applicant
as
principal
and
executed
by
a
corporate
surety
company,
licensed
and
qualified
to
do
business
within
this
state,
which
bond
shall
run
to
the
state
of
Iowa,
be
in
the
amount
of
twenty-five
seventy-five
thousand
dollars
and
be
conditioned
upon
the
faithful
compliance
by
the
applicant
as
a
dealer
with
all
statutes
of
this
state
regulating
or
applicable
to
a
travel
trailer
dealer,
and
shall
indemnify
any
person
dealing
or
transacting
business
with
the
dealer
from
loss
or
damage
caused
by
the
failure
of
the
dealer
to
comply
with
the
provisions
of
chapter
321
and
this
chapter
,
including
the
furnishing
of
a
proper
and
valid
certificate
of
title
to
a
travel
trailer,
and
that
the
bond
shall
be
filed
with
the
department
prior
to
the
issuance
of
the
license.
A
person
licensed
under
chapter
322
,
with
the
same
name
and
location
or
locations,
is
not
subject
to
the
provisions
of
this
subsection
.
House
File
391,
p.
2
Sec.
2.
APPLICABILITY.
This
Act
applies
to
applications
for
a
travel
trailer
dealer’s
license
submitted
to
the
department
of
transportation
on
or
after
July
1,
2019.
______________________________
LINDA
UPMEYER
Speaker
of
the
House
______________________________
CHARLES
SCHNEIDER
President
of
the
Senate
I
hereby
certify
that
this
bill
originated
in
the
House
and
is
known
as
House
File
391,
Eighty-eighth
General
Assembly.
______________________________
CARMINE
BOAL
Chief
Clerk
of
the
House
Approved
_______________,
2019
______________________________
KIM
REYNOLDS
Governor