Section 521D.1 – Title.
521D.1 Title. This chapter shall be known and may be cited as the “Disclosure of Material Transactions Act”. 94 Acts, ch 1176, §16
521D.1 Title. This chapter shall be known and may be cited as the “Disclosure of Material Transactions Act”. 94 Acts, ch 1176, §16
521D.2 Report. 1. An insurer domiciled in this state shall file a report with the commissioner disclosing material acquisitions and dispositions of assets, or material nonrenewals, cancellations, or revisions of ceded reinsurance agreements unless such acquisitions and dispositions of assets, or material nonrenewals, cancellations, or revisions of ceded reinsurance agreements have been submitted to the […]
521D.3 Report of acquisition and disposition of assets — information required — scope. 1. An acquisition or disposition of assets need not be reported pursuant to section 521D.2 if the acquisition or disposition is not material. For purposes of this chapter, a material acquisition, or the aggregate of any series of related acquisitions, or a […]
521D.4 Report of nonrenewal, cancellation, revision of ceded reinsurance agreements — information required — scope. 1. A nonrenewal, cancellation, or revision of a ceded reinsurance agreement need not be reported pursuant to section 521D.2 if the nonrenewal, cancellation, or revision is not material. For purposes of this chapter, a material nonrenewal, cancellation, or revision of […]