Iowa Code Title XIII. Commerce [Chs. 505-554D] § 522C.5D. Business applicants--nonresident business entity

1. The nonresident business applicant has designated an individual adjuster licensed in this state to be responsible for the nonresident business applicant's compliance with the insurance laws and administrative rules of this state.

2. The nonresident business applicant has not committed any act that is a ground for denial, suspension, or revocation of a license under section 522C.13.

3. The nonresident business applicant has the requisite character and competence to be licensed as an adjuster, as may be determined by the commissioner.

4. The nonresident business applicant is financially responsible pursuant to section 522C.7.

5. The nonresident business applicant has paid all fees required under this chapter.

6. The nonresident business applicant maintains an office in the nonresident business applicant's home state that is available by reasonable appointment or regular business hours.

7. The nonresident business applicant applying for a public adjuster license has submitted contracts and any subsequent contract modification to the commissioner for review and approval prior to use.  A contract that has been filed is deemed to be approved unless disapproved or additional information is requested by the commissioner within thirty calendar days of receipt of the filing by the commissioner.

8. The nonresident business applicant has obtained any necessary authority from the Iowa secretary of state to transact business in this state.