2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 516A - UNINSURED, UNDERINSURED, OR HIT=AND=RUN MOTORISTS
516A.3 - DEFINITION.

        516A.3  DEFINITION.
         For the purpose of this chapter, the term "uninsured motor
      vehicle" shall, subject to the terms and conditions of the coverage
      herein required, be deemed to include an insured motor vehicle with
      respect to which insolvency proceedings have been instituted against
      the liability insurer thereof by the insurance regulatory official of
      this or any other state or territory of the United States or of the
      District of Columbia.
         An insurer's insolvency protection is applicable only to accidents
      occurring during a policy period in which its insured's uninsured
      motorist coverage is in effect and only if the liability insurer of
      the tort-feasor is insolvent at the time of such an accident or
      becomes insolvent after the accident.  
         Section History: Early Form
         [C71, 73, 75, 77, 79, 81, § 516A.3] 
         Section History: Recent Form
         91 Acts, ch 26, § 46; 92 Acts, ch 1162, § 46

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