Iowa HF2522 removes the requirement for the state to be the beneficiary of an insurance policy obtained by public officers in lieu of a bond.

Iowa HF2522 modifies the law concerning public officers' insurance policies. It removes the requirement that the state must be the beneficiary of an insurance policy obtained by public officers in place of a bond. This change affects public officers who currently must obtain a bond or an insurance policy for the benefit of any injured corporation, public or private, or person. The bill takes effect upon enactment.

Iowa HF2522 removes the requirement for the state to be the beneficiary of an insurance policy obtained by public officers in lieu of a bond.

Iowa HF2522 modifies the law concerning public officers' insurance policies. It removes the requirement that the state must be the beneficiary of an insurance policy obtained by public officers in place of a bond. This change affects public officers who currently must obtain a bond or an insurance policy for the benefit of any injured corporation, public or private, or person. The bill takes effect upon enactment.