(A) Before any license, as provided by this subchapter, shall be issued, such applicant shall file a bond running to the city. A person engaging in business as an itinerant vendor shall file a bond in the sum set forth in the bond schedule secured by the applicant as principal and two sureties upon whom service of process may be made in the state.
(B) All such bonds shall be approved by the City Attorney and conditioned that the applicant:
(1) Shall comply with all of the provisions of the ordinances of the city and the statutes of the state regulating and concerning the sale of goods or wares and merchandise; and
(2) Will pay all judgments rendered against the applicant for any violation of the ordinances or statutes, or any of them, together with all judgments and costs that may be recovered against him or her by any person or persons for damage growing out of any misrepresentation or deceptive practice by any person transacting such business with such applicant, whether such misrepresentation or deception was made or practiced by the owner or by his or her service, agents or employees, either at the time of making the sale or through any advertisement, of any character whatsoever, printed or circulated with reference to the goods, wares and merchandise sold or any part thereof.
(3) Any action on the bond may be brought in the name of the city to the use of the aggrieved person.
(Prior Code, § 9-206) Penalty, see § 112.99