Iowa Statutes

§ 522E.10 — Charges and collection of moneys

Iowa § 522E.10
JurisdictionIowa
Title XIIICOMMERCE
Ch. 522ESALE OF PORTABLE ELECTRONICS INSURANCE

This text of Iowa § 522E.10 (Charges and collection of moneys) 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 § 522E.10 (2026).

Text

1.Charges for portable electronics insurance may be billed and collected by a licensed portableelectronicsvendor. Alicensedvendorshallnotberequiredtomaintainthosemoneys in a segregated account if the insurer represented by the vendor has provided in writing that the moneys need not be segregated from moneys received by the portable electronics vendor on account of the sale or lease of portable electronics or related services or accessories.
2.All moneys received by a licensed portable electronics vendor from a consumer for the saleofportableelectronicsinsuranceshallbeconsideredmoneysheldintrustbytheportable electronics vendor in a fiduciary capacity for the benefit of the insurer. A licensed portable electronics vendor may receive compensation for billing and collection services.

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Bluebook (online)
Iowa § 522E.10, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/522E.10.