Iowa Code § 521J.16

Current through bills signed by governor as of 5/17/2024
Section 521J.16 - Compulsory organizations

A captive company shall not join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this state. A captive company, a captive company's insureds, a captive company's parent, and any company affiliated with a captive company shall not receive any benefit from a plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive company.

Iowa Code § 521J.16

Added by 2023 Iowa, ch 107, s 19, eff. 7/1/2023.

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