State Surety Co. v. Lensing
Supreme Court of Iowa
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
- American Banana Co. v. United Fruit Co.Supreme Court of the United States · 1909
- Sandberg v. McDonaldSupreme Court of the United States · 1918
- Farmers Insurance Group v. MerryweatherSupreme Court of Iowa · 1974
- Swift & Co. v. PetersonOregon Supreme Court · 1951
- Ore-Ida Potato Products, Inc. v. United Pacific InsuranceIdaho Supreme Court · 1964
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- American Trust & Savings Bank v. United States Fidelity & Guaranty Co.Supreme Court of Iowa · 1988
- Boone State Bank & Trust Co. v. Westfield Insurance Co.Supreme Court of Iowa · 1980
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