Iowa Code (Last Updated: December 05, 2016) |
Title XIII. COMMERCE |
Chapter 515. INSURANCE OTHER THAN LIFE |
Section 515.105. Agency relationship.
Latest version.
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Any officer, insurance producer, or representative of an insurance company doing business in this state who may solicit insurance, procure applications, issue policies, adjust losses, or transact the business generally of such companies, shall be held to be the agent of such insurance company with authority to transact all business within the scope of the agency relationship, anything in the application, policy, contract, bylaws, or articles of incorporation of such company to the contrary notwithstanding.
[C97, §1750; C24, 27, 31, 35, 39, §9004; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.125]
;
CS2007, §515.105
Applicable to life companies, §511.4
Former §515.105 repealed by
; see §515.101