Iowa § 422.67 Generally — bond — approval

Iowa Statutes

§ 422.67 — Generally — bond — approval

Iowa § 422.67

Title XFINANCIAL RESOURCES

Ch. 422INDIVIDUAL INCOME, CORPORATE, AND FRANCHISE TAXES

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Bluebook

Iowa Code § 422.67 (2026).

Text

The director shall administer the taxes imposed by this chapter. The director shall give a
bond in an amount to be fixed by the governor, which has been issued by a surety company
authorized to transact business in this state and approved by the insurance commissioner as
to solvency and responsibility. The reasonable cost of said bond shall be paid by the state,
out of the proceeds of the taxes collected under the provisions of this chapter.

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The director shall administer the taxes imposed by this chapter. The director shall give a
bond in an amount to be fixed by the governor, which has been issued by a surety company
authorized to transact business in this state and approved by the insurance commissioner as
to solvency and responsibility. The reasonable cost of said bond shall be paid by the state,
out of the proceeds of the taxes collected under the provisions of this chapter.