123.43 - LICENSE CONDITIONS -- BOND. - Iowa Statutes

123.43 LICENSE CONDITIONS -- BOND. As a condition precedent to the approval and granting of a license to a manufacturer, the applicant for a manufacturer's license shall file a statement under oath with the division that the applicant is a bona fide manufacturer of alcoholic liquors, and that the applicant will faithfully observe and comply with all laws, rules and regulations governing the manufacture and sale of alcoholic liquor. An applicant for a manufacturer's license shall post a bond in the penal sum of five thousand dollars with surety approved by the administrator. The bond may be forfeited to the state for a violation of the chapter.          Section History: Early Form [C35, § 1921-f38; C39, § 1921.038; C46, 50, 54, 58, 62, 66, 71, § 123.38; C73, 75, 77, 79, 81, § 123.43]          Section History: Recent Form 94 Acts, ch 1017, §4