2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 508A - VARIABLE ANNUITIES AND LIFE INSURANCE
508A.5 - OTHER PROVISIONS APPLICABLE.

        508A.5  OTHER PROVISIONS APPLICABLE.
         Except for section 508.37 and section 509.2, subsection 1, and
      except as otherwise provided in this chapter, all pertinent
      provisions of chapters 508, 509, 511, and 522B shall apply to
      separate accounts and contracts relating thereto.  Any individual
      variable life insurance contract, delivered or issued for delivery in
      this state, shall contain nonforfeiture provisions appropriate to
      such a contract.  Any group variable life insurance contract,
      delivered or issued for delivery in this state, shall contain a grace
      provision appropriate to such a contract.  The reserve liability for
      variable contracts shall be established in accordance with actuarial
      procedures that recognize the variable nature of the benefits
      provided and any mortality guarantees.  

         Section History: Early Form

         [C75, 77, 79, 81, § 508A.5] 

         Section History: Recent Form

         2001 Acts, ch 16, §7, 37