Iowa Statutes
§ 543E.19 — Surety bond
Iowa § 543E.19
This text of Iowa § 543E.19 (Surety bond) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 543E.19 (2026).
Text
1.The director shall require that an appraisal management company be covered by a
surety bond in the amount of twenty-five thousand dollars.
2.The surety bond shall be in a form as prescribed by the director. The director
may, pursuant to rule, determine requirements for such surety bonds as are necessary to
accomplish the purposes of this chapter. The requirements for a surety bond shall only relate
to liabilities, damages, losses, or claims arising out of the appraisal management services
performed by the appraisal management company involving real estate located in this state.
The bond shall provide that a person having a claim against an appraisal management
company may bring suit directly on the bond or the director may bring suit on behalf of such
person.
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Nearby Sections
15
§ 543E.1
Short title§ 543E.10
Fees§ 543E.13
Recordkeeping — payment§ 543E.15
Prohibited acts§ 543E.16
Display of registration number§ 543E.17
Grounds for disciplinary action§ 543E.19
Surety bond§ 543E.2
Purpose and scope§ 543E.20
Additional director authority§ 543E.3
Definitions§ 543E.4
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Bluebook (online)
Iowa § 543E.19, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/543E.19.