Iowa § 521A.11 Receivership

Iowa Statutes

§ 521A.11 — Receivership

Iowa § 521A.11

Title XIIICOMMERCE

Ch. 521AINSURANCE HOLDING COMPANY SYSTEMS

This text of Iowa § 521A.11 (Receivership) 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 § 521A.11 (2026).

Text

Whenever it appears to the commissioner that any person has committed a violation of
this chapter which so impairs the financial condition of a domestic insurer as to threaten
insolvency or make the further transaction of business by it hazardous to its policyholders,
creditors, shareholders or the public, then the commissioner may proceed as provided in
section 505.9 to take possession of the property of such domestic insurer and to conduct the
business thereof.

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Whenever it appears to the commissioner that any person has committed a violation of
this chapter which so impairs the financial condition of a domestic insurer as to threaten
insolvency or make the further transaction of business by it hazardous to its policyholders,
creditors, shareholders or the public, then the commissioner may proceed as provided in
section 505.9 to take possession of the property of such domestic insurer and to conduct the
business thereof.