Iowa Code 523I.207 – Rules, forms, and orders
Current as of: 2023 | Check for updates
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1. Under chapter 17A, the commissioner may from time to time make, amend, and rescind such rules, forms, and orders as are necessary or appropriate for the protection of purchasers and the public and to administer the provisions of this chapter, its implementing rules, and orders issued under this chapter.
Terms Used In Iowa Code 523I.207
- Commissioner: means the commissioner of insurance. See Iowa Code 510.1B
- Rule: includes "regulation". See Iowa Code 4.1
2. A rule, form, or order shall not be made, amended, or rescinded unless the commissioner finds that the action is necessary or appropriate to protect purchasers and the public and is consistent with the policies and provisions of this chapter, its implementing rules, and orders issued under this chapter.
3. A provision of this chapter imposing any liability does not apply to an act done or omitted in good faith in conformity with any rule, form, or order of the commissioner.