Page:United States Statutes at Large Volume 74.djvu/855

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[74 Stat. 815]
[74 Stat. 815]
PUBLIC LAW 86-000—MMMM. DD, 1960

74 S T A T. ]

PUBLIC LAW 86-715-8EPT. 6, 1960

815

Public Law 86-715 AN ACT September 6, 1960

To authorize the bonding of persons engaging in the home improvement business, ^^ ^^^'^^ and for other purposes. Be it enacted by the Senate and House of Representatives of the D. C, United States of America in Congress assembled, That the Commis- provementhome simb u isioners of the District of Columbia are authorized, in connection with ness. the licensing of persons engaged in the home improvement business, ^onds. whether as principal, agent, salesman, employee, or otherwise, to require the furnishing of bond as a condition to the issuance of such license. For the purposes of this Act, the term "home improvement Definition. business" means the repair, remodeling, alteration, conversion, or modernization of, or addition to, residential property, all ais may be more particularly defined in regulations promulgated by the Commissioners. Such bonding may be required notwithstanding the fact that a person may also be subject to the bonding requirements of any other law. Authority SEC. 2. (a) The Commissioners may, from time to time, and in Cominissioners. their discretion, establish classes and subclasses of persons licensed to engage in the home improvement business and specify the amount and conditions of the bond or other security acceptable to the Commissioners to be deposited by each of the members of any such class or subclass. I n connection with the licensing of persons to engage in the home improvement business, and the bonding of the members of any such class or subclass of such persons, the Commissioners, in their discretion, may by regulation require applicants for licenses or licensees— (1) to furnish and keep in force a bond or bonds running to the District, or other security acceptable to the Commissioners, to protect members of the public against financial loss by reason of the failure of the licensee or of any officer, agent, employee, salesman, or other person acting on behalf of said licensee, to observe any law or regulation in force in the District of Columbia applicable to the licensee's conduct of the licensed business; (2) to procure and keep in force public liability insurance or property damage insurance, or both; and (3) to appoint the Commissioners as their true and lawful attorney upon whom all judicial and other process or legal notice directed to such person may be served. (b) The bonds authorized by this section shall be corporate surety Bonds. bonds in amounts to be fixed by the Commissioners, but no bond shall exceed $25,000, and such bond shall be conditioned upon the observance by the licensee and any officer, agent, employee, salesman, or other person acting on behalf of said licensee, of all laws and regulations in force in the District applicable to the licensee's conduct of the licensed business, for the benefit of any person who may suffer damages resulting from the violation of any such law or regulation by or on the part of such licensee or any officer, agent, employee, salesman, or other person acting on behalf of the licensee. Sui gain (c) Any person aggrieved by the violation of any law or regulation sioretyt on abonds. s t applicable to the licensee's conduct of the licensed activity shall have, in addition to his right of action against such licensee^ a right to bring suit against the surety on a bond authorized by this section, either alone or jointly with the principal thereon, and to recover in an amount not exceeding the penalty of the bond any damages sustained by reason of any act, transaction, or conduct of the licensee, or of any officer, agent, employee, salesman, or other person acting on behalf of said licensee, which is in violation of law or regulation in force in the