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Iowa Code § 521J.25

Risk management of controlled unaffiliated business standards

Iowa · Iowa Code Chapter 521J — Captive Companies · Status: effective

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Iowa Code § 521J.25, Risk management of controlled unaffiliated business standards, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2265834
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The commissioner may adopt rules establishing standards to ensure that a parent or affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by a captive company. If rules are not adopted to establish standards pursuant to this section, the commissioner may approve the coverage of such risks on a case-by-case basis.