{"data":{"id":"us-ia/iowa-code-507c.17","jurisdiction":"us-ia","citation":"Iowa Code § 507C.17","heading":"Grounds for liquidation.","body":"The commissioner may petition the district court for an order directing the commissioner to liquidate a domestic insurer or an alien insurer domiciled in this state on any of the following grounds:\n1. Any ground for an order of rehabilitation specified in section 507C.12 whether or not there has been a prior order directing the rehabilitation of the insurer.\n2. That the insurer is insolvent.\n3. That the insurer is in a condition that the further transaction of business would be hazardous, financially or otherwise, to its policyholders, its creditors, or the public.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 507C - INSURERS SUPERVISION, REHABILITATION, AND LIQUIDATION","Subchapter III - FORMAL PROCEEDINGS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/507C.17.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:13Z","sha256":"e86a233b685a2b87a92924b1efef9cfe7d7c2114e475905addad9183fe69082d","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-507c.16","next":"us-ia/iowa-code-507c.17a"},"notice":"GroundRules: Original legal text. Not legal advice."}