Iowa Code § 10A.309
The commissioner shall not be financially interested in any business enterprise coming under or affected by this subchapter while in office, and if the commissioner violates this statute, it shall be sufficient grounds for removal from office, and in such case the governor shall at once declare the office vacant and appoint another to fill the vacancy.
[S13, §2477-m39; C24, 27, 31, 35, 39, §1430; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §86.7] 2023 Acts, ch 19, §1463, 1477 C2024, §10A.309 2024 Acts, ch 1182, §2