2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 510 - MANAGING GENERAL AGENTS AND THIRD=PARTY ADMINISTRATORS
510.21 - CERTIFICATE OF REGISTRATION REQUIRED.

        510.21  CERTIFICATE OF REGISTRATION REQUIRED.
         A person shall not act as or represent oneself to be a third-party
      administrator in this state, other than an adjuster licensed in this
      state for the kinds of business for which the person is acting as a
      third-party administrator, unless the person holds a current
      certificate of registration as a third-party administrator issued by
      the commissioner of insurance.  A certificate of registration as a
      third-party administrator is renewable every three years.  Failure to
      hold a certificate subjects the third-party administrator to the
      sanctions set out in section 507B.7.  The certificate shall be issued
      by the commissioner to a third-party administrator unless the
      commissioner, after due notice and hearing, determines that the
      third-party administrator is not competent, trustworthy, financially
      responsible, or of good personal and business reputation, or has had
      a previous application for an insurance license denied for cause
      within the preceding five years.
         An application for registration shall be accompanied by a filing
      fee of one hundred dollars.  After notice and hearing, the
      commissioner may impose any or all of the sanctions set out in
      section 507B.7, upon finding that either the third-party
      administrator violated any of the requirements of sections 510.12
      through 510.20 and this section, or the third-party administrator is
      not competent, trustworthy, financially responsible, or of good
      personal and business reputation.  

         89 Acts, ch 227, § 14; 2006 Acts, ch 1117, §47; 2007 Acts, ch 152,
      §56; 2008 Acts, ch 1074, §2
         Referred to in § 509A.15, 510.10, 510.22