2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 521E - RISK=BASED CAPITAL REQUIREMENTS FOR INSURERS
521E.9 - SUPPLEMENTAL PROVISIONS -- RULES -- EXEMPTION.

        521E.9  SUPPLEMENTAL PROVISIONS -- RULES --
      EXEMPTION.
         1.  The provisions of this chapter are supplemental to any other
      provisions of the laws of this state, and shall not preclude or limit
      any other powers or duties of the commissioner under such laws,
      including, but not limited to, chapter 507C.
         2.  The commissioner may adopt rules pursuant to chapter 17A
      necessary for the administration of this chapter.
         3.  The commissioner may exempt from the application of this
      chapter any domestic property and casualty insurer which satisfies
      all of the following:
         a.  Writes direct business only in this state.
         b.  Writes direct annual premiums of one million dollars or
      less.
         c.  Does not assume reinsurance in excess of five percent of
      direct premiums written.  
         Section History: Recent Form
         96 Acts, ch 1046, §17

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