2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 519 - LIABILITY INSURANCE == CERTAIN PROFESSIONS
519.2 - INCORPORATION -- POWERS.

        519.2  INCORPORATION -- POWERS.
         All corporations, organized for the purpose of transacting such
      insurance business under the provisions of this chapter, shall
      incorporate under the provisions of chapter 491, and be known as
      mutual corporations; and are hereby empowered to collect such
      assessments, or premium payments, provided for in their articles of
      incorporation or bylaws, as are required to pay losses and expenses
      incurred in the conduct of their business and to cede reinsurance.
      Such mutual insurance corporations may issue certificates of
      membership, or policies; and may provide that all assessments, or
      premium payments, payable thereunder, be made in cash, or on the
      installment, or assessment plan.  
         Section History: Early Form
         [C24, 27, 31, 35, 39, § 9070; C46, 50, 54, 58, 62, 66, 71, 73,
      75, 77, 79, 81, § 519.2]

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