80A.10A - LICENSEE'S PROOF OF FINANCIAL RESPONSIBILITY.

        80A.10A  LICENSEE'S PROOF OF FINANCIAL
      RESPONSIBILITY.
         Notwithstanding the minimum bond amount that must be filed in
      accordance with section 80A.10, a license shall not be issued unless
      the applicant furnishes proof acceptable to the commissioner of the
      applicant's ability to respond in damages for liability on account of
      accidents or wrongdoings occurring subsequent to the effective date
      of the proof, arising out of the ownership and operation of a private
      security business, private investigation business, or bail
      enforcement business.  
         Section History: Recent Form
         85 Acts, ch 56, §5; 98 Acts, ch 1149, § 9