515E.9 Purchasing group restrictions.
A purchasing group shall not purchase insurance from an insurer not admitted in this state unless the purchase is effected through a duly licensed insurance producer acting pursuant to chapter 515I.
88 Acts, ch 1111, §10; 90 Acts, ch 1234, §44; 2007 Acts, ch 152, §81; 2012 Acts, ch 1025, §19, 22
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.