Iowa Code § 520.11

Current through March 29, 2024

Section 520.11 - Implied powers of corporations

Any corporation organized under the laws of this state shall, in addition to the rights, powers, and franchises specified in its articles of incorporation, have full power and authority to exchange insurance contracts of the kind and character mentioned in this chapter. The right to exchange such contracts is hereby declared to be incidental to the purposes for which such corporations are organized and as fully granted as the rights and powers expressly conferred.

Iowa Code § 520.11

2021 Acts, ch 80, § 333

Amended by 2021 Iowa, ch 80, s 333, eff. 7/1/2021.

C24, 27, 31, 35, 39, §9093; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §520.11

Referred to in §520.14