Iowa Code 633.537 – Third party nonliability
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Terms Used In Iowa Code 633.537
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
633.537 Third party nonliability.
Any insurance company, bank, or other obligor making payment according to the terms of its policy or obligation is not liable by reason of § 633.535 unless prior to payment it has received at its home office or principal address written notice of the claimed applicability of § 633.535.
[C97, §3386; S13, §3386; C24, 27, 31, 35, 39, §12034; C46, 50, 54, 58, 62, §636.49; C66, 71,
73, 75, 77, 79, 81, §633.537]
87 Acts, ch 9, §3
Any insurance company, bank, or other obligor making payment according to the terms of its policy or obligation is not liable by reason of § 633.535 unless prior to payment it has received at its home office or principal address written notice of the claimed applicability of § 633.535.
[C97, §3386; S13, §3386; C24, 27, 31, 35, 39, §12034; C46, 50, 54, 58, 62, §636.49; C66, 71,
73, 75, 77, 79, 81, §633.537]
87 Acts, ch 9, §3