(A) Before any license as provided for by this chapter shall be issued, a bond shall be filed by the applicant with the Clerk-Treasurer, running to the city in the sum of $1,000, conditioned that the applicant and his or her agents and employees shall comply fully with all the provisions of this code, other ordinances of the city, and the statutes of the state regulating and concerning the sale of goods, wares, and merchandise and the business of a transient merchant, peddler, or solicitor, whichever shall be applicable, and will pay all judgments rendered against the applicant or his or her agents or employees for any violation of them, together with all judgments and costs that may be recovered by any person for damage growing out of any misrepresentation or deceptions were made or practiced at the time of making the sale or through advertisement of any character whatsoever printed or circulated with reference to the goods, wares, and merchandise sold or any part thereof, or services rendered or to be rendered.
(B) Separate bonds need not be executed by each employee or agent, but one bond may cover all of the employees of one employer or all of the agents of one principal.
(C) The bond shall be executed by the applicant or his or her employer or principal and two sureties upon which service of process may be made in the state, and shall be approved by the City Attorney, both as to form and as to the responsibility of the sureties.
(D) Action on the bond may be brought in the name of the city to the use or benefit of the aggrieved person.
(`81 Code, § 115.05) (Ord. 01-2409, passed 10-1-01)