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Terms Used In Iowa Code 516A.5

  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
516A.5 Tolling of statute.
Commencement of an action by an insured under a provision included in an automobile
liability or motor vehicle liability insurance policy pursuant to § 516A.1 tolls the statute of limitations for purposes of the insurer’s subrogated cause of action against a party, as defined in § 668.2. § 668.8 is also applicable to an action commenced as described in this section.
98 Acts, ch 1057, §12