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

        519.5  CONDITIONS.
         No such certificate shall be issued by the commissioner of
      insurance until two hundred fifty individual applications or ten or
      more applications from a hospital group, have been received, and
      until the commissioner of insurance is satisfied that such mutual
      insurance corporation has bona fide applications representing the
      number of applicants required, and that there is in the possession of
      such mutual insurance corporation cash assets amounting to not less
      than ten times the maximum single retained risk.  

         [C24, 27, 31, 35, 39, § 9074; C46, 50, 54, 58, 62, 66, 71, 73,
      75, 77, 79, 81, § 519.5]