2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 506 - DOMESTIC INSURANCE COMPANIES
506.2 - SALE OF SECURITIES RESTRICTED.

        506.2  SALE OF SECURITIES RESTRICTED.
         Neither the securities in a domestic insurance company, nor
      securities in a holding company, one of the purposes of which is to
      organize, purchase, or otherwise acquire control of a domestic
      insurance company, nor membership in an association in process of
      organization shall be sold or solicited until such company or
      association, and the promoters thereof, shall have first complied
      with all of the statutory provisions regulating the organization of
      such companies and associations, and also have secured from the
      commissioner of insurance a certificate indicating full compliance
      with the provisions of this chapter.  

         Section History: Early Form

         [S13, § 1683-r3; C24, 27, 31, 35, 39, § 8616; C46, 50, 54, 58,
      62, § 506.1; C66, 71, 73, 75, 77, 79, 81, § 506.2] 

         Section History: Recent Form

         88 Acts, ch 112, § 501