Iowa Admin. Code r. 191-103.2

Current through Register Vol. 47, No. 10, November 13, 2024
Rule 191-103.2 - Definitions

The definitions in Iowa Code section 523C.1 as amended by 2019 Iowa Acts, Senate File 619, section 1, are incorporated by this reference. In addition, the following definitions shall apply to this chapter.

"Division" means the Iowa insurance division, supervised by the commissioner pursuant to Iowa Code section 505.8, in the division's performance of the duties of the commissioner under Iowa Code chapter 523C as amended by 2019 Iowa Acts, Senate File 619.

"Division's website" means the website of the Iowa insurance division, iid.iowa.gov.

"Residential customer," as used in the definition of "residential service contract" in Iowa Code section 523C.1 as amended by 2019 Iowa Acts, Senate File 619, section 1, means any person (whether or not the person is the owner of the residential property) who purchases a residential service contract relating to a residential property.

"Residential property" means any single- or multiple-unit structure, including a house, townhouse, condominium, mobile home, or other habitable structure, which is used primarily for residential purposes.

"Service contract holder" means the original purchaser of a service contract or the successor in interest or transferee entitled to services under the contract.

"Structural components," as used in the definition of "residential service contract" in Iowa Code section 523C.1 as amended by 2019 Iowa Acts, Senate File 619, section 1, means the roof, foundation, basement, walls, ceiling or floors of a residential property.

Iowa Admin. Code r. 191-103.2

Adopted by IAB April 29, 2015/Volume XXXVII, Number 22, effective 6/3/2015
Rescinded by IAB November 25, 2015/Volume XXXVIII, Number 11, effective 12/30/2015
Adopted by IAB September 28, 2016/Volume XXXIX, Number 07, effective 11/2/2016
Amended by IAB June 19, 2019/Volume XLI, Number 26, effective 5/20/2019
Amended by IAB September 25, 2019/Volume XLII, Number 7, effective 10/30/2019