Statutes, codes, and regulations
Code of Iowa
Title XIII - COMMERCE
Chapter 521J - CAPTIVE COMPANIES
Section 521J.25 - Risk management of controlled unaffiliated business - standards

Iowa Code § 521J.25

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Current through March 29, 2024
Section 521J.25 - Risk management of controlled unaffiliated business - standards

The commissioner may adopt rules establishing standards to ensure that a parent or affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by a captive company. If rules are not adopted to establish standards pursuant to this section, the commissioner may approve the coverage of such risks on a case-by-case basis.

Iowa Code § 521J.25

2023 Acts, ch 107, § 28

Added by 2023 Iowa, ch 107, s 28, eff. 7/1/2023.
This section reflects a change by the Code Editor.

NEW section