Section 521G.8 - [Repealed Effective 1/1/2025] Supervision, rehabilitation, or liquidation of a protected cell company1. Upon an order of supervision, rehabilitation, or liquidation of a protected cell company, a receiver shall manage a protected cell company's assets and liabilities, including protected cell assets and protected cell liabilities, as provided in this chapter.2. An amount recoverable by a receiver under a protected cell company insurance securitization shall not be reduced or diminished as a result of the entry of an order of supervision, rehabilitation, or liquidation with respect to the protected cell company, notwithstanding contrary provisions in a contract or other document governing the protected cell company insurance securitization.2000 Acts, ch 1046, §8; 2021 Acts, ch 76, §150
Repealed by 2023 Iowa, ch 107, s 30, eff. 1/1/2025.For future repeal of this section, effective January 1, 2025, see 2023 Acts, ch 107, §30