Iowa Code 510.23 – Violations and penalties
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Iowa Code 510.23
- person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
510.23 Violations and penalties.
1. If, after hearing, the commissioner determines that a third-party administrator has
violated this chapter, or chapter 507B, the commissioner may order any one or more of the sanctions or penalties set out in § 507B.7.
2. If, after hearing, the commissioner determines that a person has aided and abetted a third-party administrator in commission of a violation of this chapter, or chapter 507B, the commissioner may order any one or more of the sanctions or penalties set out in section
507B.7.
3. If, after hearing, the commissioner determines that a third-party administrator is not competent, trustworthy, financially responsible, or of good personal and business reputation, the commissioner may order any one or more of the sanctions and penalties set out in section
507B.7.
93 Acts, ch 88, §12; 2006 Acts, ch 1117, §49; 2021 Acts, ch 181, §10
1. If, after hearing, the commissioner determines that a third-party administrator has
violated this chapter, or chapter 507B, the commissioner may order any one or more of the sanctions or penalties set out in § 507B.7.
2. If, after hearing, the commissioner determines that a person has aided and abetted a third-party administrator in commission of a violation of this chapter, or chapter 507B, the commissioner may order any one or more of the sanctions or penalties set out in section
507B.7.
3. If, after hearing, the commissioner determines that a third-party administrator is not competent, trustworthy, financially responsible, or of good personal and business reputation, the commissioner may order any one or more of the sanctions and penalties set out in section
507B.7.
93 Acts, ch 88, §12; 2006 Acts, ch 1117, §49; 2021 Acts, ch 181, §10