2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 522B - LICENSING OF INSURANCE PRODUCERS
522B.16B - WRITTEN CONSENT TO ENGAGE OR PARTICIPATE IN BUSINESS OF INSURANCE.

        522B.16B  WRITTEN CONSENT TO ENGAGE OR PARTICIPATE IN
      BUSINESS OF INSURANCE.
         1.  A person who is prohibited by 18 U.S.C. § 1033 from engaging
      or participating in the business of insurance because that person has
      been convicted of a crime under that statute or of a felony involving
      dishonesty or breach of trust may apply to the commissioner for
      written consent to engage or participate in the business of insurance
      in this state.
         2.  The commissioner, by rule, shall establish a procedure and
      standards for issuing such a written consent.
         3.  The commissioner shall not issue an insurance producer license
      to an applicant who has been convicted of a crime as set forth in
      subsection 1 unless the applicant has first obtained a written
      consent from the commissioner to engage or participate in the
      business of insurance in this state.
         4.  The commissioner shall not renew or issue an insurance
      producer license to an insurance producer licensee who has been
      convicted of a crime as set forth in subsection 1 unless that
      licensee has first obtained a written consent from the commissioner
      to engage or participate in the business of insurance in this state.
      
         Section History: Recent Form
         2006 Acts, ch 1117, §115

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.