515.134  Revocation of authority.

If upon such examination, and that of any other witness produced and examined, the commissioner shall determine that such company is guilty of a violation of any of the provisions of section 515.131, or if any such officer, agent, or employee after being duly summoned shall fail to appear or submit to examination, the commissioner shall forthwith issue an order revoking the authority of such company to transact business within this state, and it shall not thereafter be permitted to do the business of fire insurance in this state at any time within one year therefrom.

Section History: Early form

  [C97, § 1755; C24, 27, 31, 35, 39, § 9013; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 515.134]


Previous Section 515.133

Next Section 515.135


Return To Home index


© 2003 Cornell College and League of Women Voters of Iowa


Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Tue Jan 28 13:52:42 CST 2003
URL: /DOCS/IACODE/2003/515/134.html
jhf