Iowa Statutes
§ 521J.21 — Investments — combined assets
Iowa § 521J.21
This text of Iowa § 521J.21 (Investments — combined assets) 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 § 521J.21 (2026).
Text
The assets of two or more protected cells may be combined for the purpose of investment
by a protected cell captive company, and combining the protected cells’ assets shall not be
construed as defeating the segregation of the assets for accounting or any other purpose.
Protected cell captive companies and protected cells shall comply with the applicable
investment requirements contained in section 521J.13; however, compliance with such
investment requirements shall be waived for protected cell captive companies to the extent
that credit for reinsurance ceded to reinsurers is allowed under section 521J.14, or to the
extent that waiver of compliance with the investment requirements is deemed reasonable
and appropriate by the commissioner. The commissioner may exercise discretion in
approving
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Nearby Sections
15
§ 521J.1
Definitions§ 521J.11
Captive mergers§ 521J.13
Legal investments§ 521J.14
Reinsurance§ 521J.15
Rating organizations§ 521J.16
Compulsory organizations§ 521J.17
Protected cell captive companies§ 521J.18
Sponsors — qualifications§ 521J.19
Delinquency§ 521J.2
Certificate of authority§ 521J.20
Participants§ 521J.21
Investments — combined assets§ 521J.22
Dormant captive companiesCite This Page — Counsel Stack
Bluebook (online)
Iowa § 521J.21, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/521J.21.