§ 505.35 — Adoption of standards by reference — rules

Iowa § 505.35

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 505: INSURANCE DIVISION

Text

Rules adopted by the commissioner pursuant to chapter 17A that adopt a standard by
reference to another publication or portion thereof are exempt from the requirements of
section 17A.6, subsection 5, with respect to the following:
1. Professional standards of practice and membership requirements established by the
actuarial standards board, the American academy of actuaries, the American institute of
certified public accountants, or their successor organizations.
2. The following publications of the national association of insurance commissioners:
a. Valuation manual used to establish principle-based reserves for the life insurance
industry.
b. Accounting practices and procedures manual.
c. Financial examiners handbook.
d. Financial analysis handbook.
e. Annual/quarterly financial statement blank and instructions.
f. Model laws, regulations, and guidelines, including references to federal statutes or
regulations contained therein.