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2018 Iowa Code
Title X - FINANCIAL RESOURCES
Chapter 432A - MARINE INSURANCE TAX
Section 432A.2 - Profit within this state.
Universal Citation: IA Code § 432A.2 (2018)
432A.2
Profit within this state.
The underwriting profit on such insurance written within this state shall be that proportion of the total underwriting profit of such insurer from such insurance written within the United States which the amount of net premiums of such insurer from such insurance written within this state bears to the total amount of net premiums of such insurer from such insurance written within the United States.
[C75, 77, 79, 81, §432A.2]
Referred to in §432A.1
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