515E.9 Purchasing group restrictions.
31 words·~1 min read·
/ia/chapter-515e-risk-retention-groups-and-purchasing-groups/515e-9·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A purchasing group shall not purchase insurance from an insurer not admitted in this state unless the purchase is effected through a duly licensed insurance producer acting pursuant to chapter 515I.