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2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 508D - MULTISTATE LIFE AND HEALTH INSURANCE RESOLUTION FACILITY
508D.4 - FACILITY ESTABLISHED.

        508D.4  FACILITY ESTABLISHED.
         The facility may be created by one or more life and health
      insurance guaranty associations for the purpose set out in section
      508D.2.  The name of the facility shall be the multistate life and
      health insurance resolution facility.  A life and health insurance
      guaranty association or other entity as approved by the board may
      elect to become a member of the association.  The facility shall
      perform its functions under a plan of operation established and
      approved under section 508D.7 and shall exercise its powers through a
      board of directors established under section 508D.5.  Only one
      facility shall be established pursuant to this chapter.
         Section History: Recent Form
         94 Acts, ch 1011, §4
         Referred to in § 508D.3

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