2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 518A - STATE MUTUAL INSURANCE ASSOCIATIONS
518A.2 - STATE MUTUAL INSURANCE ASSOCIATIONS.

        518A.2  STATE MUTUAL INSURANCE ASSOCIATIONS.
         Any association incorporated under the laws of this state for the
      purpose of furnishing insurance as provided for in this chapter is
      authorized to do business in the county in which its principal place
      of business is located, the counties contiguous thereto, and the next
      tier of contiguous counties and in other states where they are
      legalized and authorized to do business.  Each association seeking to
      modify its authorized writing territory shall file with the
      commissioner a plan for controlled expansion demonstrating that
      provisions have been made adequately to service and protect
      policyholders.  The expansion plan shall not be modified without the
      prior written approval of the commissioner, which approval shall not
      be unreasonably withheld.  The words "mutual" and
      "association" shall be incorporated in and become a part of their
      name.  

         Section History: Early Form

         [C97, § 1760; S13, § 1759-b; C24, 27, 31, 35, 39, § 9030; C46,
      50, 54, 58, 62, § 518.2; C66, 71, 73, 75, 77, 79, 81, § 518A.2] 

         Section History: Recent Form

         2002 Acts, ch 1111, §28