Iowa Code § 515.7

Current through bills signed by governor as of 5/17/2024
Section 515.7 - Stock and mutual plan distinguished

No company shall be organized to do business upon both stock and mutual plans; nor shall a company organized as a stock company do business upon the plan of a mutual company; nor shall a company organized upon the mutual plan do business or take risks upon the stock plan.

Iowa Code § 515.7

C73, §1159; C97, §1690; C24, 27, 31, 35, 39, §8902; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 515.7