Licensing Requirements for Agents.
Iowa
1. IOWA CODE ANNOTATED TITLE III. PUBLIC SERVICES AND REGULATION SUBTITLE 1. PUBLIC SAFETY CHAPTER 80A. PRIVATE
INVESTIGATIVE AGENCIES AND SECURITY AGENTS 80A.3. Requires a bail enforcement business to obtain the same license as that for a private
detective. The license must be renewed every two years.
2. 80A.4. Sets forth the license requirements. Applications for a license or
license renewal must be submitted to the commissioner and no license shall not be issued unless the applicant:
- Is at least eighteen
years old.
- Is not a peace officer.
- Has never been convicted of a felony or aggravated misdemeanor.
- Is not addicted to the use of alcohol
or a controlled substance.
- Does not have a history of repeated acts of violence.
- Is of good moral character and has not been judged
guilty of a crime involving moral turpitude.
- Has not been convicted of a crime described in sections 708.3, 708.4, 708.5, 708.6, 708.8,
or 708.9.
- Has not been convicted of illegally using, carrying or possessing a dangerous weapon.
- Has not been convicted of fraud.
- Complies
with other qualifications and requirements the commissioner adopts by rule.
- If the applicant is a corporation, these requirements
apply to the president and to each officer, commissioner or employee who is actively involved in the licensed business in
Iowa - Each employee of an applicant or licensee
shall possess the same qualifications required by this section for a licensee.
Filed Rates (Premium must be charged in accordance
with PSC -S3GA filed rates for this state.)
Premium Rate: 10%
Minimum Premium: $100
Federal Rate: 15%
Collateral -Mortgage
State Surrender Time - 10 days
Remission – 60 day remission
State Fees Per Bond - Not Applicable
NOTE:Homestead Exemption State
2. 80A.4. Sets forth the license requirements. Applications for a license or license renewal must be submitted to the commissioner and no license shall not be issued unless the applicant:
Remission – 60 day remission
