Iowa Code § 523.10
Exceptions — rules by commissioner
Iowa · Iowa Code Chapter 523 — Elections and Insider Trading · Status: effective
Cite this
- Citation
- Iowa Code § 523.10, Exceptions — rules by commissioner, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2266332
- Permanent ID
ys:prov:2266332@1- SHA-256
e74747e034e680b321bbd0342abfb2dc248f20471c9ac3730e964dc01e09fa63
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The provisions of section 523.8 shall not apply to any purchase and sale, or sale and purchase, and the provisions of section 523.9 shall not apply to any sale, of an equity security of a domestic stock insurance company not then or theretofore held in an investment account by a dealer in the ordinary course of the dealer’s business and incident to the establishment or maintenance by the dealer of a primary or secondary market (otherwise than on an exchange as defined in the Securities Exchange Act of 1934) for such security. The commissioner may, by such rules and regulations as the commissioner deems necessary or appropriate in the public interest, define and prescribe terms and conditions with respect to securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.