GroundRules
Iowa Code § 515.23: Prohibited loans.
Where this section sits in the code
- Title XIII - COMMERCE (Ch. 505 - 554I)
- Chapter 515 - INSURANCE OTHER THAN LIFE
- Subchapter IV - GENERAL PROVISIONS
Capital, surplus, funds, or other assets, or any part of any or all of the foregoing, shall not be directly or indirectly loaned to an officer, director, stockholder, or employee of a company or to a relative of an officer or director of a company.
Collected 2026-09-14T19:40:13Z. Source file · JSON