§ 507B.13 — Immunity from prosecution

Iowa § 507B.13

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 507B: INSURANCE TRADE PRACTICES

Text

If any person shall ask to be excused from attending and testifying or from producing any
books, papers, records, correspondence or other documents at any hearing on the ground
that the testimony or evidence required of the person may tend to incriminate the person or
subject the person to a penalty or forfeiture, and shall notwithstanding be directed to give
such testimony or produce such evidence, the person must nonetheless comply with such
direction, but the person shall not thereafter be prosecuted or subjected to any penalty or
forfeiture for or on account of any transaction, matter or thing concerning which the person
may testify or produce evidence pursuant thereto, and no testimony so given or evidence
produced shall be received against the person upon any criminal action, investigation or
proceeding, provided, however, that no such individual so testifying shall be exempt from
prosecution or punishment for any perjury committed by the individual while so testifying
and the testimony or evidence so given or produced shall be admissible against the individual
upon any criminal action, investigation or proceeding concerning such perjury, nor shall the
individual be exempt from the refusal, revocation or suspension of any license, permission or
authority conferred, or to be conferred, pursuant to the insurance law of this state. Any such
individual may execute, acknowledge and file in the office of the commissioner a statement
expressly waiving such immunity or privilege in respect to any transaction, matter or thing
§507B.13, INSURANCE TRADE PRACTICES 14
specified in such statement and thereupon the testimony of such person or such evidence in
relation to such transaction, matter or thing may be received or produced before any judge or
justice,court,tribunal,grandjuryorotherwise,andifsoreceivedorproducedsuchindividual
shall not be entitled to any immunity or privilege on account of any testimony the individual
may so give or evidence so produced.

Legislative History

[C58, 62, 66, 71, 73, 75, 77, 79, 81, §507B.13]