House
File
303
-
Enrolled
House
File
303
AN
ACT
RELATING
TO
NOTIFICATIONS
MADE
BY
THE
COMMISSIONER
OF
INSURANCE
OF
THE
POTENTIAL
NEED
FOR
A
RECEIVERSHIP
FOR
CERTAIN
PRENEED
SELLERS
AND
CEMETERIES.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
Section
1.
Section
523A.811,
Code
2017,
is
amended
by
adding
the
following
new
subsection:
NEW
SUBSECTION
.
01.
The
commissioner
may
notify
the
attorney
general
of
the
potential
need
for
establishment
of
a
receivership
if
a
receivership
is
requested
or
consented
to
by
a
seller
subject
to
this
chapter.
Sec.
2.
Section
523I.212,
Code
2017,
is
amended
by
adding
the
following
new
subsection:
NEW
SUBSECTION
.
01.
The
commissioner
may
notify
the
attorney
general
of
the
potential
need
for
establishment
of
a
House
File
303,
p.
2
receivership
if
a
receivership
is
requested
or
consented
to
by
a
cemetery
subject
to
this
chapter.
______________________________
LINDA
UPMEYER
Speaker
of
the
House
______________________________
JACK
WHITVER
President
of
the
Senate
I
hereby
certify
that
this
bill
originated
in
the
House
and
is
known
as
House
File
303,
Eighty-seventh
General
Assembly.
______________________________
CARMINE
BOAL
Chief
Clerk
of
the
House
Approved
_______________,
2017
______________________________
TERRY
E.
BRANSTAD
Governor