GroundRules
Iowa Code § 515.7: Stock and mutual plan distinguished.
Where this section sits in the code
- Title XIII - COMMERCE (Ch. 505 - 554I)
- Chapter 515 - INSURANCE OTHER THAN LIFE
- Subchapter I - INCORPORATION — RESTRICTIONS
No company shall be organized to do business upon both stock and mutual plans; nor shall a company organized as a stock company do business upon the plan of a mutual company; nor shall a company organized upon the mutual plan do business or take risks upon the stock plan.
Collected 2026-09-14T19:40:13Z. Source file · JSON