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2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 518B - RIOT REINSURANCE PROGRAM
518B.6 - INSOLVENT INSURERS.

        518B.6  INSOLVENT INSURERS.
         In the event any insurer fails, by reason of insolvency, to pay
      any assessment, the commissioner shall cause the reimbursement ratios
      computed under section 518B.4 to be immediately recalculated
      excluding therefrom the insolvent insurer, so that its assessment is
      in effect assumed and redistributed among the remaining insurers.
         Section History: Early Form

         [C71, 73, 75, 77, 79, 81, § 518B.6]

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