There is a newer version of the Iowa Code
2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 515 - INSURANCE OTHER THAN LIFE
515.17 - UNEARNED PREMIUMS.
515.17 UNEARNED PREMIUMS.
Such mutual company shall maintain unearned premium and other
reserves separately for each kind of insurance, upon the same basis
as that required of domestic insurance companies transacting the same
kind of insurance; provided that any reserve for losses or claims
based upon the premium income shall be computed upon the net premium
income, after deducting any so-called dividend or premium returned or
credited to the member. Section History: Early Form
[C24, 27, 31, 35, 39, § 8910; C46, 50, 54, 58, 62, 66, 71, 73,
75, 77, 79, 81, § 515.17]
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