Bonded packers registration.

A dealer or broker who has a bond required by the United States department of agriculture under the Packers and Stockyards Act of 1921 as amended , 7 U.S.C. §181 – 231 , shall be exempt from the provisions of this chapter upon registration with the secretary. Registration shall be effective upon filing with the secretary a certified copy of the bond filed with the United States department of agriculture, and shall continue in effect until that bond is terminated. [C73, 75, 77, 79, 81, §172A.5 ] 2010 Acts, ch 1061, §38