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§ 507b-2 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 507b-2

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507B.2 Definitions. When used in this chapter:1. 'Person' shall mean any individual, corporation, association, partnership, reciprocal exchange, interinsurer, fraternal beneficiary association, and any other legal entity engagedin the business of insurance, including insurance producers and adjusters. 'Person' shallalso mean any corporation operating under the provisions of chapter 514 and any benevolentassociation as defined and operated under chapter 512A. For purposes of this chapter,corporations operating under the provisions of chapter 514 and chapter 512A shall bedeemed to be engaged in the business of insurance. 2. 'Commissioner' shall mean the commissioner of insurance of this state.3. 'Insurance policy' or 'insurance contract' shall mean any contract of insurance, indemnity, subscription, membership, suretyship, or annuity issued, proposed for issuance,or intended for issuance by any person. [C58, 62, 66, 71, 73, 75, 77, 79, 81, §507B.2]2004 Acts, ch 1110, §20Referred to in §507B.7See also §87.24 Sat Dec 23 00:39:16 2023 Iowa Code 2024, Section 507B.2 (19, 0)