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

        510.3  LIABILITY OF MANAGING GENERAL AGENTS.
         Notwithstanding any obligation of a director or officer of an
      insolvent insurer to the liquidator of the insolvent insurer, a
      managing general agent of a domestic insurer against whom an order of
      liquidation has been entered is liable for fees paid to the managing
      general agent prior to the entry of the order of liquidation upon a
      finding that the rendering of services, or failure to render services
      contracted for, substantially caused or contributed to the insolvency
      of the domestic insurer, and was pursuant to a contract which had not
      been submitted to the commissioner, or which had been submitted to
      the commissioner and disapproved, or the services did not meet
      accepted standards for such services.  

         89 Acts, ch 227, § 3
         Referred to in § 510.10