2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 515 - INSURANCE OTHER THAN LIFE
515.10 - SUBSCRIPTIONS OF STOCK -- APPLICATIONS.

        515.10  SUBSCRIPTIONS OF STOCK -- APPLICATIONS.
         After compliance by the incorporators with sections 515.1 and
      515.2, the secretary of state shall certify the articles of
      incorporation to the commissioner of insurance.  When the
      commissioner of insurance is satisfied that all provisions of law in
      relation to the promotion and organization of said corporation,
      including sections 506.4 to 506.6, have been complied with, the
      commissioner shall issue a certificate to that effect, and thereupon
      such corporation may open books for subscriptions to the stock of
      stock companies or if a mutual company take applications and receive
      premiums for insurance at such times and places as it may find
      convenient, and may keep such books open until the full amount
      required is subscribed or taken, or the time granted therefor has
      expired, or until an order is issued by the commissioner of insurance
      to desist for failure to comply with the provisions of law in
      reference thereto.  

         Section History: Early Form

         [C73, § 1125; C97, § 1694; C24, 27, 31, 35, 39, § 8917; C46,
      50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 515.25] 

         Section History: Recent Form

         2007 Acts, ch 152, §2
         CS2007, §515.10
         Referred to in § 511.23