515.112 - VIOLATIONS -- STATUS OF POLICY. - Iowa Statutes

515.112 VIOLATIONS -- STATUS OF POLICY. It shall be unlawful for any insurance company, its officers or agents, or either of them, to violate any of the provisions of section 515.109 by issuing, delivering, or offering to issue or deliver any policy of fire insurance on property in this state other than the standard form as provided in statute, but any policy so issued or delivered shall, nevertheless, be binding upon the company issuing or delivering the policy. The company shall, until the payment of a penalty assessed by order after hearing, be disqualified from doing any insurance business in this state.          Section History: Early Form [S13, § 1758-c; C24, 27, 31, 35, 39, § 9019; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 515.140]          Section History: Recent Form 2004 Acts, ch 1110, §57; 2007 Acts, ch 152, § 46, 75 CS2007, § 515.112 Referred to in § 515.113