reglab/housing_qa huggingface dataset:
IA Code § 505.30 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 505 - INSURANCE DIVISION|Section 505.30 - Service of process made on the commissioner as agent or attorney for service of process — rules and fee.

505.30 Service of process made on the commissioner as agent or attorney for service of process — rules and fee.   1. The commissioner may adopt rules pursuant to chapter 17A setting forth procedures related to service of process made on the commissioner as agent or attorney for service of process for an individual or entity within the jurisdiction of the commissioner. The rules shall apply when the individual or entity is required by law to appoint the commissioner to serve, is required by law to consent to have the commissioner serve, is deemed by law to have appointed or to have consented to have the commissioner serve, or elects to appoint or consents to have the commissioner serve as agent or attorney for service of process.   2. The commissioner may collect a reasonable fee each time service of process is made on the commissioner as set forth in subsection 1 or as otherwise allowed by law. A fee collected by the commissioner under this subsection shall be used and is appropriated to the insurance division to offset the costs of the commissioner acting as agent or attorney for service of process. The party to a proceeding requesting service of process is entitled to recover the fee paid pursuant to this subsection and any rules adopted under this section as costs if the party prevails in the proceeding.   3. The commissioner shall maintain for ninety days a record of each service of process made on the commissioner pursuant to this section, including the date each service of process is made on the commissioner, the date each service of process is forwarded by mail by the commissioner to the defendant or respondent, and the date each certificate of service is submitted electronically to the court. The records may be maintained electronically.  2006 Acts, ch 1117, §18; 2018 Acts, ch 1018, §2  Referred to in §502.611, 507A.5, 508E.3, 511.28, 512B.33, 514.2A, 515.77, 515E.3, 520.6, 521A.3, 521B.107, 521C.13, 523A.802A, 523C.20, 523C.21
IA Code § 505.31 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 505 - INSURANCE DIVISION|Section 505.31 - Reimbursement accounts — assistance to small employers.

505.31 Reimbursement accounts — assistance to small employers.   The commissioner of insurance shall assist employers with twenty-five or fewer employees with implementing and administering plans under section 125 of the Internal Revenue Code, including medical expense reimbursement accounts and dependent care accounts. The commissioner shall provide information about the assistance available to small employers on the insurance division’s internet site.  2008 Acts, ch 1188, §37, 43
IA Code § 505.32 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 505 - INSURANCE DIVISION|Section 505.32 - Iowa insurance information exchange.

505.32 Iowa insurance information exchange. Repealed by 2018 Acts, ch 1012, §2.
IA Code § 505.33 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 505 - INSURANCE DIVISION|Section 505.33 - Dramshop liability insurance evaluation.

505.33 Dramshop liability insurance evaluation.   The division shall biennially conduct an evaluation concerning minimum coverage requirements of dramshop liability insurance. In conducting the evaluation, the division shall include a comparison of other states’ minimum dramshop liability insurance coverage and any other relevant issues the division identifies. By January 31, 2019, and every two years thereafter, the division shall submit a report, including any findings and recommendations, to the general assembly as provided in chapter 7A.  2018 Acts, ch 1172, §52  Dramshop liability insurance requirements, see §123.92
IA Code § 505B.2 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 505B - INSURANCE NOTICES AND DOCUMENTS — ELECTRONIC DELIVERY AND POSTING|Section 505B.2 - Posting of documents on insurer’s internet site.

505B.2 Posting of documents on insurer’s internet site.   1. Notwithstanding any contrary provision of chapter 554D, an insurer may mail, deliver, or post on the insurer’s internet site insurance documents, including policies, riders, endorsements, and annuity contracts that do not contain personally identifiable information. If the insurer elects to post an insurance policy or endorsement on the insurer’s internet site in lieu of mailing or delivering the policy or endorsement to the insured, the insurer must comply with all of the following conditions:   a. The policy or endorsement must be accessible and remain accessible to the insured and to the licensed insurance producer of record for as long as the policy or endorsement is in force.   b. After the expiration of the policy or endorsement, the insurer must archive the expired policy or endorsement for a period of five years or other period required by law, and make the policy or endorsement available upon request.   c. The policy or endorsement must be posted in a manner that enables the insured and the licensed insurance producer of record to print and save the policy or endorsement using programs and applications that are widely available on the internet and free to use.   d. The insurer must provide the following information in, or simultaneously with, each declarations page provided at the time of issuance of the initial policy and any renewal of that policy:   (1) A description of the exact policy or endorsement purchased by the insured.   (2) A description of the insured’s right to receive, upon request and without charge, a paper copy of the insured’s policy or endorsement by mail.   (3) An internet address where the insured’s policy or endorsement is posted.   e. The insurer, upon request and without charge, must deliver a paper copy of the policy or endorsements to the insured by mail.   f. The insurer must provide notice, in the format preferred by the insured, of any changes to the policy or endorsement, the insured’s right to obtain, upon request and without charge, a paper copy of such policy or endorsement, and the internet address where such policy or endorsement is posted.   2. Nothing in this section shall be construed to affect the timing or content of any notice or document required to be provided or made available to any insured under applicable law.  2014 Acts, ch 1007, §6; 2015 Acts, ch 108, §7  Section not amended; headnote revised
IA Code § 505B.3 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 505B - INSURANCE NOTICES AND DOCUMENTS — ELECTRONIC DELIVERY AND POSTING|Section 505B.3 - Applicability.

505B.3 Applicability.   The provisions of this chapter shall apply to the insurance products and documents, including insurance policies, insurance riders, insurance endorsements, and annuity contracts filed with and regulated by the commissioner of insurance under the authority provided to the commissioner by Title XIII, subtitle 1.  2014 Acts, ch 1007, §7
IA Code § 506.1 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.1 - Rules — limitations.

506.1 Rules — limitations.   The commissioner of insurance shall promulgate such reasonable rules and regulations as the commissioner deems necessary to assure the proper operation of newly organized insurance companies but in no event shall the commissioner:   1. Require that more than twenty percent of the original capital and surplus of a stock corporation subject to the provisions of this chapter be invested by the organizers; or   2. Restrict the alienation of securities issued to organizers for a period of more than:   a. Five years, or   b. Until the operation of the insurance company produces earned surplus for two successive years.  [C66, 71, 73, 75, 77, 79, 81, §506.1]
IA Code § 506.2 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.2 - Sale of securities restricted.

506.2 Sale of securities restricted.   Neither the securities in a domestic insurance company, nor securities in a holding company, one of the purposes of which is to organize, purchase, or otherwise acquire control of a domestic insurance company, nor membership in an association in process of organization shall be sold or solicited until such company or association, and the promoters thereof, shall have first complied with all of the statutory provisions regulating the organization of such companies and associations, and also have secured from the commissioner of insurance a certificate indicating full compliance with the provisions of this chapter.  [S13, §1683-r3; C24, 27, 31, 35, 39, §8616; C46, 50, 54, 58, 62, §506.1; C66, 71, 73, 75, 77, 79, 81, §506.2]  88 Acts, ch 112, §501
IA Code § 506.3 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.3 - Certificate of compliance.

506.3 Certificate of compliance.   Before the commissioner of insurance shall issue such certificate of compliance, the commissioner shall first be satisfied with the general plan of such organization and the character of the advertising to be used; the commissioner shall also see that all rules and regulations promulgated under this chapter have been complied with and fix the time within which such organization shall be completed; the commissioner shall also prescribe the method of keeping books and accounts of insurance companies and those of fiscal agents of corporations subject to the provisions of this chapter.  [S13, §1683-r3; C24, 27, 31, 35, 39, §8617; C46, 50, 54, 58, 62, §506.2; C66, 71, 73, 75, 77, 79, 81, §506.3]
IA Code § 506.4 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.4 - Maximum promotion expense allowed.

506.4 Maximum promotion expense allowed.   The maximum promotion expense which may be incurred shall in no case exceed fifteen percent of the sale price of said stock, and no portion of such amount shall be used in the payment of salaries for officers and directors before the issuance, by the commissioner of insurance, of authority to transact an insurance business. Any amount paid to the company for stock above the par value of the stock shall constitute a contributed surplus but no dividends shall be paid by the company except from the earned profits arising from their business, which shall not include contributed capital or contributed surplus.  [C24, 27, 31, 35, 39, §8618; C46, 50, 54, 58, 62, §506.3; C66, 71, 73, 75, 77, 79, 81, §506.4]  Referred to in §506.6, 515.10
IA Code § 506.5 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.5 - Regulation by commissioner.

506.5 Regulation by commissioner.   The commissioner of insurance shall have power to regulate all other matters in connection with the organization of such domestic corporations, and the sale of stock or the issuing of certificates by all insurance corporations within the state, to the end that fraud may be prevented in the organization of such companies and the sale of their stocks and securities.  [S13, §1683-r3; C24, 27, 31, 35, 39, §8619; C46, 50, 54, 58, 62, §506.4; C66, 71, 73, 75, 77, 79, 81, §506.5]  Referred to in §515.10
IA Code § 506.6 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.6 - Promoters restricted.

506.6 Promoters restricted.   No company shall enter into any contract with any promoter, officer, director, or agent of the company or any other person to pay the person’s expenses or to pay the person any commission or any compensation for the person’s services in promoting or organizing such company, or in selling its stock in excess of the amount authorized in section 506.4; nor shall it contract with any such person to pay the person any part of the premiums arising from the insurance it has written or may write as compensation, directly or indirectly, for aiding in the promotion or for aiding or effecting any consolidation of such company with any other company, without the approval of the commissioner of insurance.  [C24, 27, 31, 35, 39, §8620; C46, 50, 54, 58, 62, §506.5; C66, 71, 73, 75, 77, 79, 81, §506.6]  Referred to in §515.10
IA Code § 506.7 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.7 - Penalty.

506.7 Penalty. Repealed by  2004 Acts, ch 1110, §71  .
IA Code § 506.8 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.8 - Liability to stockholders.

506.8 Liability to stockholders.   Any person, association, or corporation who sells or aids in selling or causes to be sold any stock, certificate of membership, or evidence of interest in any such corporation or association, in violation of law, shall be personally liable to any person to whom the person, association or certificate of membership or evidence of interest, in an amount equal to the price paid therefor by such person with legal interest, and suit to recover the same may be brought by such purchasers, jointly or severally, in any court of competent jurisdiction.  [C24, 27, 31, 35, 39, §8622; C46, 50, 54, 58, 62, §506.7; C66, 71, 73, 75, 77, 79, 81, §506.8]
IA Code § 506.9 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.9 - Judicial review.

506.9 Judicial review.   Judicial review of the acts of commissioner of insurance may be sought in accordance with the terms of the Iowa administrative procedure Act, chapter 17A.  [C24, 27, 31, 35, 39, §8623; C46, 50, 54, 58, 62, §506.8; C66, 71, 73, 75, 77, 79, 81, §506.9]  2003 Acts, ch 44, §114
IA Code § 506.10 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.10 - Sale of stock as inducement to insurance.

506.10 Sale of stock as inducement to insurance.   1. No insurance company shall issue in this state, or permit its agents, officers, or employees to issue in this state its own stock, agency company stock or other stock or securities, or any special or advisory board or other contract of any kind promising returns and profits as an inducement to insurance.   2. No insurance company shall be authorized to do business in this state which issues or permits its agents, officers, or employees to issue in this state or in any other state or territory, agency company stock or other stock or securities, or any special advisory board or other contract of any kind promising returns and profits as an inducement to insurance.   3. No corporation or stock company, acting as an agent of an insurance company, or any of its agents, officers, or employees, shall be permitted to agree to sell, offer to sell, or give or offer to give, directly or indirectly, in any manner whatsoever, any share of stock, securities, bonds, or agreement of any form or nature, promising returns and profits as an inducement to insurance, or in connection therewith.   4. Nothing contained in this section shall impair or affect in any manner any such contracts issued or made as an inducement to insurance prior to April 16, 1921, or prevent the payment of the dividends or returns therein stipulated to be paid.   5. It shall be the duty of the commissioner upon being satisfied that any insurance company, or any agent thereof, has violated any of the provisions of this section, to revoke the certificate of authority of the company or agent so offending.  [C24, 27, 31, 35, 39, §8624; C46, 50, 54, 58, 62, §506.9; C66, 71, 73, 75, 77, 79, 81, §506.10]  2018 Acts, ch 1041, §127; 2019 Acts, ch 59, §178
IA Code § 506.11 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.11 - Securities law applicable.

506.11 Securities law applicable.   Nothing contained in this chapter shall be construed to exempt any corporation from the requirements of chapter 502.  [C66, 71, 73, 75, 77, 79, 81, §506.11]
IA Code § 506.12 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.12 - Principal executive office.

506.12 Principal executive office.   An insurance company incorporated under the laws of this state for the purpose of engaging in the business of insurance shall maintain a principal executive office in this state unless otherwise allowed by the commissioner of insurance. The location of the principal executive office in this state of an insurance company incorporated under chapter 490 shall be identified in the insurance company’s articles of incorporation.  92 Acts, ch 1162, §2
IA Code § 506.13 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.13 - New officers or directors — biographical affidavit required.

506.13 New officers or directors — biographical affidavit required.   Within thirty days after a quarterly or annual statement of an insurance company domiciled in this state first names an individual as an officer or director of the company on the jurat page of the quarterly or annual statement, the new officer or director shall file a biographical affidavit with the commissioner. The affidavit shall be prepared on the current template for biographical affidavits prescribed by the national association of insurance commissioners.  2007 Acts, ch 137, §8
IA Code § 506.14 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 506 - DOMESTIC INSURANCE COMPANIES|Section 506.14 - Voluntary dissolution of domestic mutual insurance companies.

506.14 Voluntary dissolution of domestic mutual insurance companies.   1. Any plan for voluntary dissolution of a domestic mutual insurance company licensed to transact the business of insurance under chapter 508, 515, 518, or 518A shall be presented for approval by the commissioner not less than ninety days in advance of notice of the plan to policyholders.   2. The commissioner shall approve the plan if the commissioner finds that the plan complies with all applicable provisions of law and is fair and equitable to the domestic mutual insurance company and its policyholders.  2013 Acts, ch 124, §8
IA Code § 507.1 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507 - EXAMINATION OF INSURANCE COMPANIES|Section 507.1 - Purpose — definitions.

507.1 Purpose — definitions.   1. The purpose of this chapter is to provide an effective and efficient system for examining the activities, operations, financial condition, and affairs of all persons transacting the business of insurance in this state and all persons otherwise subject to the jurisdiction of the commissioner. The chapter is intended to enable the commissioner to adopt a flexible system of examinations which directs resources as deemed appropriate and necessary for the administration of the insurance and insurance-related laws of this state.   2. As used in this chapter, unless the context otherwise requires:   a. “Commissioner” means the commissioner of insurance of this state.   b. “Company” means any person engaging in or proposing or attempting to engage in any transaction or kind of insurance or surety business and any person or group of persons who may otherwise be subject to the administrative, regulatory, or taxing authority of the commissioner.   c. “Division” means the division of insurance of the department of commerce.   d. “Examiner” means any individual or firm authorized by the commissioner to conduct an examination pursuant to this chapter.   e. “Insurer” includes all companies or associations organized under chapter 508, 511, 512A, 512B, 514, 514B, 515, 515C, or 518A, associations subject to chapters 518 and 520, and companies or associations admitted or seeking to be admitted to this state under any of those chapters.   f. “Person” means any individual, aggregation of individuals, trust, association, partnership, or corporation or an affiliate of any of these.  [S13, §1821-i; C24, 27, 31, 35, 39, §8625; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §507.1]  88 Acts, ch 1112, §301; 92 Acts, ch 1117, §1  Referred to in §515I.2
IA Code § 507.2 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507 - EXAMINATION OF INSURANCE COMPANIES|Section 507.2 - Authority, scope, and scheduling of examinations.

507.2 Authority, scope, and scheduling of examinations.   1. The commissioner or any of the commissioner’s examiners may conduct an examination under this chapter of any company as often as the commissioner deems appropriate, but at a minimum, shall conduct an examination of any domestic insurer licensed in this state no less than once every five years. In scheduling and determining the nature, scope, and frequency of the examinations, the commissioner shall consider such matters as the results of financial statement analyses and ratios, changes in management or ownership, actuarial opinions, reports of independent certified public accountants, and other criteria as set forth in the examiners’ handbook adopted by the national association of insurance commissioners and in effect when the commissioner exercises discretion under this section.   2. For purposes of completing an examination of any company pursuant to this chapter, the commissioner may examine or investigate any person, or the business of any person, insofar as the examination or investigation is, in the sole discretion of the commissioner, necessary or material to the examination of the company.   3. In lieu of an examination under this chapter of any foreign or alien insurer licensed in this state, the commissioner may accept an examination report on the company as prepared by the regulatory authority for insurance for the company’s state of domicile or port-of-entry state.  [C97, §1753; S13, §1821-a, -h; C24, 27, 31, 35, 39, §8626, 8642, 9009, 9061; C46, §507.2, 507.18, 515.130, 518.36; C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §507.2]  92 Acts, ch 1117, §2; 95 Acts, ch 185, §4
IA Code § 507.4 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507 - EXAMINATION OF INSURANCE COMPANIES|Section 507.4 - Examiners — salaries.

507.4 Examiners — salaries.   1. The commissioner of insurance may appoint insurance examiners, at least one of whom shall be an experienced actuary, and at least one of whom shall be an experienced and competent fire insurance accountant, and who, while conducting examinations, shall possess all the powers conferred upon the commissioner of insurance for such purposes. The entire time of the examiners shall be under the control of the commissioner, and shall be employed as the commissioner may direct.   2. The commissioner may, when in the commissioner’s judgment it is advisable, appoint assistants to aid in conducting examinations. The commissioner shall employ rates of compensation consistent with current standards in the industry for certified public accountants, attorneys, and skilled insurance examiners. The commissioner may use compensation rates suggested by the national association of insurance commissioners. Insurance examiners employed under this section shall be exempt from the merit system provisions of chapter 8A, subchapter IV, under section 8A.412, subsection 17. Compensation shall be paid from appropriations for such purposes upon certification of the commissioner, which shall be reimbursed as provided in sections 507.8 and 507.9.  [S13, §1821-c; C24, 27, 31, 35, 39, §8628; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §507.4]  2008 Acts, ch 1123, §11  Referred to in §87.11C
IA Code § 507.5 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 507 - EXAMINATION OF INSURANCE COMPANIES|Section 507.5 - Chief examiner.

507.5 Chief examiner.   The commissioner may appoint a chief examiner who shall supervise insurance company examinations and perform such other duties as may be assigned by the commissioner. The chief examiner shall receive a salary to be fixed by the commissioner. The chief examiner shall be exempt from the merit system provisions of chapter 8A, subchapter IV, under section 8A.412, subsection 17.  91 Acts, ch 26, §33; 2003 Acts, ch 145, §270  Referred to in §87.11C, 505.7