Legal Opinion

State Surety Co. v. Lensing

Supreme Court of Iowa

Decided January 19, 1977No. 2-58053PublishedCited by 15 opinions

1Opinion of the Court

MOORE, Chief Justice.

■ plaintiff Surety Company appeals from judgment holding it liable to Arizona purchasers on the bond required by Code sect¡on 322.4, for Iowa Motor Vehicle Dealers, -yye reverse and remand.

There are no disputed fact issues. The parties stipulated that defendant Jerome Lensing was duly licensed under chapter 322, 1971 Code, as a retail motor vehicle dealer in Festina, Iowa. Pursuant to section 322.4(7), plaintiff corporate Surety Company had issued a $10,000 surety bond conditioned upon Lensing’s faithful compliance with the statutes set out in Code chapters 321 and 322.

In…

2Cases cited15 opinions

  1. American Banana Co. v. United Fruit Co.Supreme Court of the United States · 1909
  2. Sandberg v. McDonaldSupreme Court of the United States · 1918
  3. Farmers Insurance Group v. MerryweatherSupreme Court of Iowa · 1974
  4. Swift & Co. v. PetersonOregon Supreme Court · 1951
  5. Ore-Ida Potato Products, Inc. v. United Pacific InsuranceIdaho Supreme Court · 1964

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3Cited by15 opinions

  1. Jasper v. SmithSouth Dakota Supreme Court · 1995
  2. Matthew Jahnke v. Deere and Company, Richard Czarnecki, and Bernhard HaasSupreme Court of Iowa · 2018
  3. United Fire & Casualty Co. v. AckerSupreme Court of Iowa · 1995
  4. American Trust & Savings Bank v. United States Fidelity & Guaranty Co.Supreme Court of Iowa · 1988
  5. Boone State Bank & Trust Co. v. Westfield Insurance Co.Supreme Court of Iowa · 1980

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