# Iowa Code § 518B.3: Secretary reimbursed

> Iowa · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C518B_S518B.3

## Section

- **Citation:** Iowa Code § 518B.3
- **Heading:** Secretary reimbursed
- **Jurisdiction:** Iowa
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** IA Code / Title XIII / Chapter 518B / Section 518B.3

## Text

The commissioner shall reimburse the secretary in an amount up to five percent of the aggregate property, except farm property insurance premiums earned in this state during the calendar year immediately preceding the calendar year with respect to which the secretary paid losses on lines of insurance reinsured by the secretary in this state during that year and for which the secretary claims reimbursement from the fund in accordance with the Act.

[C71, 73, 75, 77, 79, 81, §518B.3]

## Nearby sections

- [Iowa Code § 518B.1 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C518B_S518B.1.md)
- [Iowa Code § 518B.2 Reimbursement fund created.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C518B_S518B.2.md)
- [Iowa Code § 518B.3 Secretary reimbursed.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C518B_S518B.3.md)
- [Iowa Code § 518B.4 Insurers assessed.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C518B_S518B.4.md)
- [Iowa Code § 518B.5 Warrants issued overage fund.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C518B_S518B.5.md)
- [Iowa Code § 518B.6 Insolvent insurers.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C518B_S518B.6.md)
- [Iowa Code § 518B.7 Recovery factor included.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C518B_S518B.7.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IA_TXIII_C518B_S518B.3. Check the current official text before relying on it. Not legal advice.