House File 504 S-3153 Amend House File 504, as passed by the House, as 1 follows: 2 1. Page 1, by striking lines 12 and 13 and 3 inserting < by electronic means unless the notice is 4 sent and received as required pursuant to section 5 554D.117 in a manner that is verifiable and is approved 6 by the commissioner by rules adopted pursuant to 7 chapter 17A. A notice of cancellation, nonrenewal, 8 or termination may also be delivered to a party by 9 electronic means as a courtesy to the party. > 10 2. Page 1, by striking lines 14 through 22 and 11 inserting: 12 < Sec. ___. Section 505B.1, subsection 4, paragraph 13 b, subparagraphs (1), (2), (3), and (4), Code 2015, are 14 amended to read as follows: 15 (1) Any The right or option of the party to have 16 the notice or document provided or made available in 17 paper or another nonelectronic form. 18 (2) The right of the party to withdraw consent to 19 have a notice or document delivered by electronic means 20 and any fees, conditions , or consequences imposed in 21 the event consent is withdrawn. 22 (3) Whether the party’s consent applies as follows: 23 (a) Only to the particular transaction as to which 24 the notice or document must be provided. 25 (b) To notices of cancellation, nonrenewal, or 26 termination. 27 (b) (c) To other identified categories of notices 28 or documents that may be delivered by electronic means 29 during the course of the parties’ relationship. 30 (4) (a) The means, after consent is given, by 31 which a party may obtain a paper copy of a notice or 32 document delivered by electronic means. 33 (b) The fee, if any, for the paper copy. 34 Sec. ___. Section 505B.1, subsection 4, paragraph 35 d, subparagraph (1), subparagraph division (b), Code 36 2015, is amended to read as follows: 37 (b) The right of the party to withdraw consent 38 without the imposition of any fee, condition , or 39 consequence that was not disclosed under paragraph “b” , 40 subparagraph (2). > 41 3. Page 1, by striking lines 23 through 28. 42 4. Page 2, by striking lines 27 through 32 and 43 inserting: 44 < NEW SUBSECTION . 11A. It shall be the exclusive 45 responsibility of an insurer to satisfy the 46 requirements of this section and to deliver any notice 47 or document sent to a party pursuant to this section. > 48 5. By renumbering as necessary. 49 -1- HF504.1736 (1) 86 av/rj 1/ 2 #1. #2. #3. #4.
______________________________ CHAZ ALLEN -2- HF504.1736 (1) 86 av/rj 2/ 2