There is a newer version of the Iowa Code
2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 515B - INSURANCE GUARANTY ASSOCIATION
515B.1 - SCOPE.
515B.1 SCOPE. This chapter shall apply to all kinds of direct insurance authorized to be written by an insurer licensed to operate in this state under chapter 515 or chapter 520, but shall not be applicable to the following: 1. Life, annuity, health, or disability insurance. 2. Mortgage guaranty, financial guaranty, residual value, or other forms of insurance offering protection against investment risks. 3. Fidelity or surety bonds, or any other bonding obligations. 4. Credit insurance, vendors' single interest insurance, or collateral protection insurance or any similar insurance protecting the interests of a creditor arising out of a creditor-debtor transaction. 5. Insurance warranties or service contracts, including insurance that provides for the repair, replacement, or service of goods or property, or indemnification for repair, replacement, or service, for the operational or structural failure of the goods or property due to a defect in materials, workmanship, or normal wear and tear, or provides reimbursement for the liability incurred by the issuer of agreements or service contracts that provide such benefits. 6. Title insurance. 7. Ocean marine insurance. 8. A transaction or combination of transactions between a person, including affiliates of such person, and an insurer, including affiliates of such insurer, which involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk. 9. Insurance provided by, guaranteed by, or reinsured by government.Section History: Early Form
[C71, 73, 75, 77, 79, 81, § 515B.1]Section History: Recent Form
86 Acts, ch 1184, § 2; 88 Acts, ch 1112, § 504; 97 Acts, ch 186, §13; 2001 Acts, ch 69, §31; 2009 Acts, ch 145, §24
Disclaimer: These codes may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.