515E.5 Compulsory associations.
A risk retention group shall not join or contribute financially to an insurance insolvency guaranty fund, or similar mechanism, in this state, nor shall a risk retention group, or its insureds, receive any benefit from an insurance insolvency guaranty fund, or similar mechanism, in this state, for claims arising out of the operations of the risk retention group.
88 Acts, ch 1111, §6
Structure Iowa Code
Chapter 515E - RISK RETENTION GROUPS AND PURCHASING GROUPS
Section 515E.1 - Purpose — federal Act defined.
Section 515E.3 - Risk retention groups organized in this state.
Section 515E.3A - Foreign risk retention group may become domestic.
Section 515E.4 - Risk retention groups not organized in this state.
Section 515E.5 - Compulsory associations.
Section 515E.6 - Countersignatures not required.
Section 515E.7 - Purchasing groups exemptions.
Section 515E.8 - Purchasing groups — requirements.
Section 515E.9 - Purchasing group restrictions.
Section 515E.10 - Commissioner’s administrative and procedural authority.
Section 515E.12 - License required for agents and brokers.