Iowa Admin. Code r. 191-55.15
Current through Register Vol. 47, No. 13, December 25, 2024
A public adjuster who receives, accepts or holds, on behalf of an insured, any funds toward the settlement of a claim for loss or damage shall deposit the funds in a non-interest-bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the public adjuster's home state or where the loss occurred.
Iowa Admin. Code r. 191-55.15