Platinum Bonds Insurance Agency
Research before you apply.Iowa Public Official Bonds protect taxpayers and constituents by guaranteeing that public officials will faithfully perform their duties, properly account for all public funds, and promptly pay over moneys received by virtue of their office. The bond amount varies by position and is determined by statute or the govern…
Iowa Public Official Bonds protect taxpayers and constituents by guaranteeing that public officials will faithfully perform their duties, properly account for all public funds, and promptly pay over moneys received by virtue of their office. The bond amount varies by position and is determined by statute or the govern…
Elected and appointed public officials at the state, county, and city levels who handle public funds. This includes treasurers, clerks, deputy clerks, city managers, administrators, mayors, and other officials with authority to handle and disburse public funds. Exempt positions include the governor, lieutenant governor, and city council members (commissione…
Notary bonds protect the public from notary errors or misconduct. Typical Pricing:. • Notary bonds: Typically very affordable — often under $100 per term. • No credit check: Required in most states. • Instant approval: Available for most notary bonds. Bond amounts and terms vary by state. Most states require a notary bond before commissioning. This is one of the most affordable bond types available.
Issuance timeframe varies by bond type and underwriting
Most elected and appointed state, county, and city officials who handle public funds must be bonded under Iowa Code Chapter 64. This includes treasurers, clerks, deputy clerks, city managers, administrators, and mayors. However, the governor, lieutenant governor, and city council members (including commissioners and aldermen) are exempt from bonding requirements.
The bond amount varies by position and is determined by the appropriate governing authority. For state officers, the governor sets the amount. For county officers, the board of supervisors determines the amount (e.g., county treasurers must have at least $50,000). For city officials, the city council sets the bond amount based on the official's responsibilities and the amount of public funds they handle.
If a public official fails to provide the required bond, they may be suspended from office until the bond is given. If the official continues to fail to provide the bond after a reasonable suspension period, this constitutes grounds for removal from office under Iowa law. Bonds must be approved within five days of presentation by the appropriate authority (governor, board of supervisors, or city council).
Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.