2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 508D - MULTISTATE LIFE AND HEALTH INSURANCE RESOLUTION FACILITY
508D.2 - PURPOSE.

        508D.2  PURPOSE.
         The purpose of this chapter is to authorize the formation of an
      entity by one or more state life and health insurance guaranty
      associations for the purpose of administering and disposing of the
      business of impaired or insolvent insurance companies assumed by or
      assigned to the entity by its member guaranty associations, or by
      impaired or insolvent insurers through the impaired or insolvent
      insurer's duly appointed receiver, liquidator, or rehabilitator, and
      to establish the conditions under which such an entity shall do
      business.  
         Section History: Recent Form
         94 Acts, ch 1011, §2
         Referred to in § 508D.3, 508D.4

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