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Section 123.42 - Broker’s permit.

IA Code § 123.42 (2019) (N/A)
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123.42 Broker’s permit.

1. Prior to representing or promoting alcoholic liquor products in the state, the broker shall submit an application to the division electronically, or in a manner prescribed by the administrator, for a broker’s permit. The administrator may in accordance with this chapter issue a broker’s permit which shall be valid for one year from the date of issuance unless it is sooner suspended or revoked for a violation of this chapter.

2. At the time of applying for a broker’s permit, each applicant shall submit to the division a list of names and addresses of all manufacturers, distillers, and importers whom the applicant has been appointed to represent in the state of Iowa for any purpose. The listing shall be amended by the broker as necessary to keep the listing current with the division.

3. A broker’s permit is valid throughout the state, and a broker who represents more than one certificate or license holder is required to obtain only one broker’s permit.

4. The annual fee for a broker’s permit is twenty-five dollars.

5. An employee of a broker is not required to apply for or hold a broker’s permit.

6. The holder of a distiller’s certificate of compliance, a manufacturer’s license, or a class “A” native distilled spirits license is not required to appoint a broker to represent its alcoholic liquor products in the state.

[C35, §1921-f37; C39, §1921.037; C46, 50, 54, 58, 62, 66, 71, §123.37; C73, 75, 77, 79, 81, §123.42]

94 Acts, ch 1017, §3; 2013 Acts, ch 35, §7; 2018 Acts, ch 1060, §23 – 25

Subsection 1 amended

NEW subsections 2 and 3 and former subsections 2 and 3 renumbered as 4 and 5

Former subsection 4 amended and renumbered as 6

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Section 123.42 - Broker’s permit.