{"data":{"id":"us-ia/iowa-code-514.15","jurisdiction":"us-ia","citation":"Iowa Code § 514.15","heading":"Nonexempt from taxation.","body":"Every corporation organized under chapter 504, Code 1989, or current chapter 504, and governed by this chapter, is hereby declared to be a charitable and benevolent institution but its property and funds, including subscribers’ contracts, shall not be exempt from taxation. For purposes of this section, the term “subscriber contract” shall mean only those benefit contracts issued or delivered in Iowa by corporations subject to this chapter, including certificates issued under such contracts, and which provide coverage to residents of Iowa on a risk basis.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 514 - NONPROFIT HEALTH SERVICE CORPORATIONS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/514.15.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:13Z","sha256":"f5f47ed6c6d17f8ea0c18c6969bf20cabf19f1c42a942a46570910d69d44a8ae","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-514.14","next":"us-ia/iowa-code-514.16"},"notice":"GroundRules: Original legal text. Not legal advice."}