Iowa § 522B.16B Written consent to engage or participate in business of insurance

Iowa Statutes

§ 522B.16B — Written consent to engage or participate in business of insurance

Iowa § 522B.16B

Title XIIICOMMERCE

Ch. 522BLICENSING OF INSURANCE PRODUCERS

This text of Iowa § 522B.16B (Written consent to engage or participate in business of insurance) 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 § 522B.16B (2026).

Text

1.A person who is prohibited by 18 U.S.C. §1033 from engaging or participating in the business of insurance because that person has been convicted of a crime under that statute or of a felony involving dishonesty or breach of trust may apply to the commissioner for written consent to engage or participate in the business of insurance in this state.

2.The commissioner, by rule, shall establish a procedure and standards for issuing such a written consent.

3.Thecommissionershallnotissueaninsuranceproducerlicensetoanapplicantwhohas been convicted of a crime as set forth in subsection 1 unless the applicant has first obtained a written consent from the commissioner to engage or participate in the business of insurance in this state.

4.The commissioner shall not renew or issue an insurance p

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1. A person who is prohibited by 18 U.S.C. §1033 from engaging or participating in the
business of insurance because that person has been convicted of a crime under that statute or
of a felony involving dishonesty or breach of trust may apply to the commissioner for written
consent to engage or participate in the business of insurance in this state.
2. The commissioner, by rule, shall establish a procedure and standards for issuing such
a written consent.
3. Thecommissionershallnotissueaninsuranceproducerlicensetoanapplicantwhohas
been convicted of a crime as set forth in subsection 1 unless the applicant has first obtained a
written consent from the commissioner to engage or participate in the business of insurance
in this state.
4. The commissioner shall not renew or issue an insurance producer license to an
insurance producer licensee who has been convicted of a crime as set forth in subsection 1
unless that licensee has first obtained a written consent from the commissioner to engage or
participate in the business of insurance in this state.