2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 522B - LICENSING OF INSURANCE PRODUCERS
522B.13 - APPOINTMENTS.

        522B.13  APPOINTMENTS.
         1.  An individual insurance producer who acts as an agent of an
      insurer must be appointed by that insurer.  An insurance producer who
      is not acting as an agent of an insurer need not be appointed.  A
      business entity is not required to be appointed.
         2.  The appointing insurer, for the purpose of appointing an
      insurance producer as its agent, shall file, in a format approved by
      the commissioner, a notice of appointment within thirty days from the
      date the agency contract is executed or the first insurance
      application is submitted.
         3.  An insurer shall pay an appointment fee, in the amount and
      method of payment set forth by rule of the commissioner, for each
      insurance producer appointed by the insurer.
         4.  An insurer shall remit a renewal appointment fee in the manner
      and amount as set forth by rule of the commissioner.  
         Section History: Recent Form
         2001 Acts, ch 16, §27, 37

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.