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2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 518 - COUNTY MUTUAL INSURANCE ASSOCIATIONS
518.25 - SURPLUS.

        518.25  SURPLUS.
         An association organized under this chapter before July 1, 2009,
      shall at all times maintain a surplus of not less than fifty thousand
      dollars or one-tenth of one percent of the gross risk in force,
      whichever is greater.  An association organized under this chapter on
      or after July 1, 2009, shall at all times maintain a surplus of not
      less than one hundred thousand dollars or one-tenth of one percent of
      the gross risk in force, whichever is greater.
         Section History: Recent Form
         90 Acts, ch 1234, §70; 99 Acts, ch 165, §17; 2002 Acts, ch 1111,
      §27; 2009 Acts, ch 145, §36

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