Iowa Code 518.16A – Limitation on termination of independent insurance producers
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 518.16A
- Fraud: Intentional deception resulting in injury to another.
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
A county mutual insurance association authorized to do business in this state shall not terminate a contract of an insurance producer who is an independent contractor but who is not an exclusive insurance producer as defined in section 522B.1 without at least one hundred eighty days’ notice, except for loss of license, fraud, nonpayment of association premiums that are due and not in dispute by the producer, or the withdrawal of operations in the state by the association.