Iowa Admin. Code r. 187-12.1

Current through Register Vol. 47, No. 8, October 30, 2024
Rule 187-12.1 - Scope of chapter

This chapter outlines a uniform process for the granting of waivers from rules adopted by the superintendent in situations where no other more specifically applicable law provides for waivers. The intent of this chapter is to allow persons to seek exceptions to the application of rules issued by the superintendent. This chapter shall not apply to rules that merely define the meaning of a statute or other provision of law or precedent if the division does not possess delegated authority to bind the courts to any extent with its definition. To the extent another more specific provision of law governs the issuance of a waiver from a particular rule, the more specific provision shall supersede this chapter with respect to any waiver from that rule.

(1)Definitions.

"Person " means an individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any legal entity.

"Superintendent" means the superintendent of banking appointed by the governor to direct and regulate banks pursuant to Iowa Code chapter 524.

"Waiver " means an agency action which suspends in whole or in part the requirements or provisions of a rule as applied to an identified person on the basis of the particular circumstances of that person.

(2)Applicability.
a. The superintendent may grant a waiver from a rule adopted by the superintendent only if (1) the superintendent has jurisdiction over the rule; (2) no statute or rule otherwise controls the granting of a waiver from the rule from which waiver is requested; and (3) the requested waiver is consistent with applicable statutes, constitutional provisions, or other provisions of law.
b. No waiver may be granted from a requirement which is imposed by statute.

Iowa Admin. Code r. 187-12.1

Amended by IAB October 10, 2018/Volume XLI, Number 8, effective 11/14/2018
Amended by IAB January 13, 2021/Volume XLIII, Number 15, effective 2/17/2021