Bill Text: IA HF303 | 2017-2018 | 87th General Assembly | Enrolled

---

Bill Title: A bill for an act relating to notifications made by the commissioner of insurance of the potential need for a receivership for certain preneed sellers and cemeteries. (Formerly HSB 21.) Effective 7-1-17.

Spectrum: Committee Bill

Status: (Passed) 2017-03-23 - Signed by Governor. H.J. 769. [HF303 Detail]

Download: Iowa-2017-HF303-Enrolled.html

---

House File 303 - Enrolled




                              HOUSE FILE       
                              BY  COMMITTEE ON COMMERCE

                              (SUCCESSOR TO HSB 21)
 \5
                                   A BILL FOR
 \1
                                         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
  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

                             -1-