Iowa Admin. Code r. 781-9.36 - Surety bonds

If the property subject to claim is a security and the original stock certificate is not available, in addition to the documentation required by rules 781-9.25 (556) and 781-9.26 (556), the claimant may be required to complete the Affidavit of Lost Certificate. The treasurer of state may require the claimant to furnish the treasurer with a surety bond containing terms and provisions acceptable to the treasurer and issued by a corporate surety. The claimant shall be responsible for all premiums, costs, fees or other expenses associated with any such surety bond. This rule is intended to implement Iowa Code section 556.20.

Notes

Iowa Admin. Code r. 781-9.36

Adopted by IAB November 9, 2016/Volume XXXIX, Number 10, effective 12/14/2016