Section 515.68A - Foreign companies — reinsurance.

IA Code § 515.68A (2019) (N/A)
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515.68A Foreign companies — reinsurance.

A foreign company authorized to do business in this state shall not assumptively reinsure a block of business which includes policyholders residing in this state to a company not authorized to do business in this state without the prior written approval of the commissioner.

97 Acts, ch 186, §12