Page:United States Statutes at Large Volume 73.djvu/486

 448

PUBLIC LAW 86-218-SEPT. 1, 1959

[73

STAT.

"The bond which may be required by the Commissioners under the authority of this subparagraph shall be a corporate surety bond in an Limitation of amouut to be fixed by the Commissioners, but not to exceed $15,000, '°""*' conditioned upon the observance by the licensee and any agent or employee of said licensee of all laws and regulations in force in the District of Columbia applicable to the licensee's conduct of the business, trade, profession, or calling licensed under the authority of this section, 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, his agent or employee. Violations. "Any person aggrieved by the violation of any law or regulation Right of action, applicable to a licensee's conduct of a business, trade, profession, or calling involving the collection of money for others shall have, in addition to his right of action against such licensee, a right to bring suit against the surety on the bond authorized by this subparagraph (c), 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 and any agent or employee of said licensee which is in violation of law or regulation in force in the District of Columbia relating to the business, trade, profession, or calling licensed under this section; and the provisions of the second, third (except the last sentence thereof), and fifth subparagraphs of paragraph (b) of the first section of the Act entitled 'An Act to grant additional powers to the Commissioners of the District of Columbia, and for other purposes', approved December 20, 1944 (58 Stat. 820; sec. 1-244(b), D.C. Code, 1951 edition), shall be applicable to such bond as if it were the bond authorized by the first subparagraph of such paragraph (b) of the first section of said Act approved December 20, 1944: Provided, That nothing in this subparagraph (c) shall be construed to impose upon the surety on any such bond a greater liability than the total amount thereof or the amount remaining unextinguished after any prior recovery or recoveries. P r of e ssions or "This subparagraph (c) shall not be applicable to persons when businesses. engaged in the regular course of any of the following professions or Exemption. businesses: "(1) Attorneys at law. "(2) Persons regularly employed on a regular wage or salary, in the capacity of creditmen or in a similar capacity, except as an independent contractor. "(3) Banks and financing and lending institutions. "(4) Common carriers. "(5) Title insurers and abstract companies while doing an escrow business. "(6) Licensed real estate brokers. "(7) Employees of any class or Subclass of licensees required to give bond under this subparagraph." Approved September 1, 1959.

Public Law 86-218 AN ACT

September 1, i.959 [H. R. 7948] To declare nonnavigable a part of the west arm of the South Fork of the South

Branch of the Chicago River situated in the city of Chicago in the State of Illinois, as hereinafter described.

Be it enacted by the Senate and House of Representatives of the so^^th'sfan^h non- United Sttttcs of America in Congress assembled, That the portion of navigable.

�