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2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 515 - INSURANCE OTHER THAN LIFE
515.18 - ASSESSMENTS.

        515.18  ASSESSMENTS.
         Any such mutual company not possessed of assets at least equal to
      the unearned premium reserve and other liabilities shall make an
      assessment upon its members liable to assessment to provide for such
      deficiency, such assessment to be against each member in proportion
      to such liability as expressed in the member's policy; provided the
      commissioner may by written order, relieve the company from an
      assessment or other proceedings to restore such assets during the
      time fixed in such order.
         Section History: Early Form
         [C24, 27, 31, 35, 39, § 8911; C46, 50, 54, 58, 62, 66, 71, 73,
      75, 77, 79, 81, § 515.18]
         Referred to in § 515.20

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