{"data":{"id":"us-ia/iowa-code-515c.2","jurisdiction":"us-ia","citation":"Iowa Code § 515C.2","heading":"Eligibility for insurance.","body":"Eligibility for mortgage guaranty insurers shall be as follows:\n1. An insurer, in order to qualify for writing mortgage guaranty insurance, must have the same surplus to policyholders as that required of a multiple line company by section 515.8.\n2. An insurer transacting any class of insurance other than mortgage guaranty insurance is not eligible for the issuance of a certificate of authority to transact mortgage guaranty insurance in this state, nor the renewal thereof.\n3. A foreign or alien insurer writing mortgage guaranty insurance shall not be eligible for the issuance of a certificate of authority in Iowa unless it has demonstrated a satisfactory operating experience in its state of domicile.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 515C - MORTGAGE GUARANTY INSURANCE"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/515C.2.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:13Z","sha256":"101ad7683d23b8e66310eac73ad3a1de705d7de0adb4b90d1cc4444d5f4f6ae9","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-515c.1","next":"us-ia/iowa-code-515c.3"},"notice":"GroundRules: Original legal text. Not legal advice."}