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2024 Iowa Code
Title XIII - COMMERCE
Chapter 511 - PROVISIONS APPLICABLE TO LIFE INSURANCE COMPANIES AND ASSOCIATIONS
Section 511.17 - Contracts void — recovery — damages — attorney fees.
Universal Citation:
IA Code § 511.17 (2024)
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511.17 Contracts void — recovery — damages — attorney fees. All contracts, promises, and agreements made by any person to or with any such company or association concerning any premium, policy, or certificate of new business, after therevocation of its certificates or denial of authority to do business, shall be null and void,and all payments of premium or assessments advanced or made by any person on accountof any such policy, certificate of new business, or upon any arrangement therefor, may berecovered from such company or association, or its agent to whom payment was advancedor made, or from both of them, and in addition thereto plaintiff may recover an equal amountas liquidated damages, together with a reasonable fee to plaintiff’s attorney for services inthe case. [C97, §1814; C24, 27, 31, 35, 39, §8756; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §511.17]Referred to in §507.16 Sat Dec 23 00:42:48 2023 Iowa Code 2024, Section 511.17 (17, 0)
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