Iowa Statutes

§ 507C.8A — Condition on release from delinquency proceedings

Iowa § 507C.8A
JurisdictionIowa
Title XIIICOMMERCE
Ch. 507CINSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION

This text of Iowa § 507C.8A (Condition on release from delinquency proceedings) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Iowa Code § 507C.8A (2026).

Text

An insurer subject to a delinquency proceeding shall not be released from the delinquency proceeding unless the proceeding is converted into a rehabilitation or liquidation proceeding; shall not be permitted to solicit or accept new business, or request or accept the restoration of any suspended or revoked license or certificate of authority; and shall not be returned to the control of the insurer’s shareholders or private management, or have any of the insurer’s assets returned to the control of its shareholders or private management, until all payments of or on account of the insurer’s contractual obligations by all guaranty associations, along with all expenses of such obligations and interest on all such payments and expenses, have been repaid to the guaranty association or a plan of r

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Bluebook (online)
Iowa § 507C.8A, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/507C.8A.