2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 506 - DOMESTIC INSURANCE COMPANIES
506.8 - LIABILITY TO STOCKHOLDERS.

        506.8  LIABILITY TO STOCKHOLDERS.
         Any person, association, or corporation who sells or aids in
      selling or causes to be sold any stock, certificate of membership, or
      evidence of interest in any such corporation or association, in
      violation of law, shall be personally liable to any person to whom
      the person, association or certificate of membership or evidence of
      interest, in an amount equal to the price paid therefor by such
      person with legal interest, and suit to recover the same may be
      brought by such purchasers, jointly or severally, in any court of
      competent jurisdiction.  

         [C24, 27, 31, 35, 39, § 8622; C46, 50, 54, 58, 62, § 506.7;
      C66, 71, 73, 75, 77, 79, 81, § 506.8]