508D.2 Purpose. The purpose of this chapter is to authorize the formation of an entity by one or more state life and health insurance guaranty associations for the purpose of administering anddisposing of the business of impaired or insolvent insurance companies assumed by orassigned to the entity by its member guaranty associations, or by impaired or insolventinsurers through the impaired or insolvent insurer’s duly appointed receiver, liquidator, orrehabilitator, and to establish the conditions under which such an entity shall do business. 94 Acts, ch 1011, §2Referred to in §508D.3, 508D.4 Sat Dec 23 00:41:16 2023 Iowa Code 2024, Section 508D.2 (14, 0)
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