2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 511 - PROVISIONS APPLICABLE TO LIFE INSURANCE COMPANIES AND ASSOCIATIONS
511.13 - DISBURSEMENTS -- VOUCHERS -- AFFIDAVIT.

        511.13  DISBURSEMENTS -- VOUCHERS -- AFFIDAVIT.
         No domestic life insurance company shall make any disbursement of
      one hundred dollars or more unless the same be evidenced by a voucher
      signed by or on behalf of the person, firm, or corporation receiving
      the money and correctly describing the consideration for the payment.
      If the expenditure be for both services and disbursements the voucher
      shall set forth the services rendered and an itemized statement of
      the disbursements made.  When such voucher cannot be obtained the
      expenditure shall be evidenced by an affidavit of some officer or
      agent of said company describing the character and object of the
      expenditure and stating the reason for not obtaining such voucher.
      
         Section History: Early Form
         [S13, § 1820-a; C24, 27, 31, 35, 39, § 8750; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 511.13]

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