87.3 - MAXIMUM COMMISSION FOR RENEWAL. - Iowa Statutes

87.3 MAXIMUM COMMISSION FOR RENEWAL. No insurer of any obligation under this chapter shall either by itself or through another, either directly or indirectly, charge or accept as a commission or compensation for placing or renewing any insurance under this chapter, more than fifteen percent of the premium charged.          Section History: Early Form [S13, § 2477-m46; C24, 27, 31, 35, 39, § 1469; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 87.3]