Iowa Code § 515.145

Revocation of authority
Open in Lexace · Ask the AI about this section
If upon any examination, or upon information obtained from any witness produced or examined, the commissioner determines that a company has violated section 515.140, or ifany officer, agent, or employee fails to appear or submit to examination after receiving a subpoena, the commissioner shall promptly issue an order revoking the authority of the company to transact business within this state, and the company shall not be permitted to do the business of insurance in this state for one year. CS2007, §515.145

‹ Prev All Iowa sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.