CHAPTER 14CEMETERIES AND PRENEED SELLERS OF CEMETERY MERCHANDISE, FUNERAL MERCHANDISE, AND FUNERAL SERVICES — NOTICE OF POTENTIAL RECEIVERSHIPH.F. 303AN 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 receivership if a receivership is requested or consented to by a cemetery subject to this chapter.Approved March 23, 2017
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