§ 616.15 — Surety companies

Iowa § 616.15

• Jurisdiction: Iowa
• Title XV: JUDICIAL BRANCH AND JUDICIAL PROCEDURES
• Ch. 616: PLACE OF BRINGING ACTIONS

Text

1. Suit may be brought against any company or corporation furnishing or pretending to
furnish surety, fidelity, or other bonds in this state, in any county in which the principal place
of business of such company or corporation is maintained in this state, or in any county
wherein is maintained its general office for the transaction of its Iowa business, or in the
county where the principal resides at the time of bringing suit, or in the county where the
principaldidresideatthetimethebondorotherundertakingwasexecuted; andinthecaseof
bondsfurnishedbyanysuchcompanyorcorporationforanybuildingorimprovement, either
public or private, action may be brought in the county wherein said building or improvement
or any part thereof is located.
2. The secretary of state shall serve as the agent for service of process for the purposes
of 31 U.S.C. §9306, of any surety company or corporation for a surety bond written by that
surety company or corporation for the federal government and issued in this state as required

or permitted under federal law, if the surety company or corporation is licensed in this state
and cannot be otherwise served with process. Notwithstanding section 507.14, upon request
of the secretary of state, the commissioner of insurance shall provide the secretary of state
with the name and address of the person designated for consent to service of process by the
surety company or corporation which is on file with the commissioner.

Legislative History

[S13, §3500-a; C24, 27, 31, 35, 39, §11047; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §616.15]