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Statutes > Iowa Laws > Title 13 - Commerce > Subtitle 1 - Insurance and Related Regulation > CHAPTER 515E - RISK RETENTION GROUPS AND PURCHASING GROUPS > 515E.9 - PURCHASING GROUP RESTRICTIONS.

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515E.9 - PURCHASING GROUP RESTRICTIONS.

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 agent or broker acting pursuant to sections 515.120 through 515.122.          Section History: Recent Form 88 Acts, ch 1111, §10; 90 Acts, ch 1234, §44; 2007 Acts, ch 152, §81

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