2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 506 - DOMESTIC INSURANCE COMPANIES
506.6 - PROMOTERS RESTRICTED.

        506.6  PROMOTERS RESTRICTED.
         No company shall enter into any contract with any promoter,
      officer, director, or agent of the company or any other person to pay
      the person's expenses or to pay the person any commission or any
      compensation for the person's services in promoting or organizing
      such company, or in selling its stock in excess of the amount
      authorized in section 506.4; nor shall it contract with any such
      person to pay the person any part of the premiums arising from the
      insurance it has written or may write as compensation, directly or
      indirectly, for aiding in the promotion or for aiding or effecting
      any consolidation of such company with any other company, without the
      approval of the commissioner of insurance.  

         [C24, 27, 31, 35, 39, § 8620; C46, 50, 54, 58, 62, § 506.5;
      C66, 71, 73, 75, 77, 79, 81, § 506.6]
         Referred to in § 515.10