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2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 505 - INSURANCE DIVISION
505.7A - CIVIL PENALTIES.

        505.7A  CIVIL PENALTIES.
         Unless specifically provided for in this subtitle, penalties
      imposed under this subtitle by order of the commissioner of insurance
      after hearing shall not exceed one thousand dollars for each act or
      violation of this subtitle, up to an aggregate of ten thousand
      dollars, unless the person knew or reasonably should have known the
      person was in violation of this subtitle, in which case the penalty
      shall not exceed five thousand dollars for each act or violation, up
      to an aggregate of fifty thousand dollars in any one six-month
      period.
         Section History: Recent Form
         2004 Acts, ch 1110, §5
         Referred to in § 505.8, 507.16, 522C.6

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