2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 510 - MANAGING GENERAL AGENTS AND THIRD=PARTY ADMINISTRATORS
510.13 - PAYMENT TO THIRD-PARTY ADMINISTRATOR.

        510.13  PAYMENT TO THIRD-PARTY ADMINISTRATOR.
         If an insurer uses the services of a third-party administrator
      under the terms of a written contract as required in section 510.12,
      payment to the third-party administrator of any premiums or charges
      for insurance by or on behalf of the insured shall be deemed to have
      been received by the insurer, and the payment of return premiums or
      claims by the insurer to the third-party administrator shall not be
      deemed payment to the insured or claimant until the payments are
      received by the insured or claimant.  This section does not limit any
      right of the insurer against the third-party administrator resulting
      from the third-party administrator's failure to make payments to the
      insurer, insureds, or claimants.  

         89 Acts, ch 227, § 6; 2006 Acts, ch 1117, §40
         Referred to in § 510.12, 510.21