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Terms Used In Iowa Code 507C.3

  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • 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
507C.3 Applicability.
This chapter may be applied to any of the following:
1. Insurers who are doing or have done insurance business in this state, and against whom claims arising from that business may exist now or in the future.
2. Insurers who purport to do insurance business in this state.
3. Insurers who have insureds who are residents in this state.
4. Other persons organized or in the process of organizing with the intent to do insurance business in this state.
5. Nonprofit health service corporations and all fraternal benefit societies and beneficial societies subject to chapters 512A, 512B, and 514.
6. Prepaid health care delivery plans which are regulated by the commissioner.
7. Health maintenance organizations formed under chapter 514B other than limited service organizations formed under § 514B.33.
8. Captive companies under chapter 521J.
84 Acts, ch 1175, §3; 93 Acts, ch 88, §5; 2019 Acts, ch 12, §1, 35, 36; 2023 Acts, ch 107, §3
Referred to in §507C.2
Subsection 7 applies beginning March 29, 2019; 2019 Acts, ch 12, §35, 36
NEW subsection 8