2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 505 - INSURANCE DIVISION
505.22 - CERTAIN RELIGIOUS ORGANIZATION ACTIVITIES EXEMPT FROM REGULATION.

        505.22  CERTAIN RELIGIOUS ORGANIZATION ACTIVITIES
      EXEMPT FROM REGULATION.
         A religious organization which, through its publication to
      subscribers, solicits funds for the payment of medical expenses of
      other subscribers, shall not be considered to be engaging in the
      business of insurance for purposes of this chapter or any other
      provision of this title, and shall not be subject to the jurisdiction
      of the commissioner of insurance, if all of the following apply:
         1.  The religious publication is provided by a nonprofit
      charitable organization described in section 501(c)(3) of the
      Internal Revenue Code.
         2.  Participation is limited to subscribers who are members of the
      same denomination or religion.
         3.  The publication is registered with the United States postal
      service and acts as an organizational clearinghouse for information
      between subscribers who have financial, physical, or medical needs,
      and subscribers who choose to assist with those needs, matching
      subscribers with the present ability to pay with subscribers with a
      present financial or medical need.
         4.  The organization, through its publication, provides for the
      payment for subscriber financial or medical needs through direct
      payments from one subscriber to another.
         5.  The organization, through its publication, suggests amounts to
      contribute that are voluntary among the subscribers, with no
      assumption of risk or promise to pay either among the subscribers or
      between the subscribers and the publication.  

         95 Acts, ch 185, §3