512B.20 Nonforfeiture benefits, cash surrender values, certificate loans, and other options.
1. For certificates issued before January 1, 1991, the value of every paid-up nonforfeiture benefit and the amount of any cash surrendered value, loan, or other option granted shall comply with chapter 512, Code 1989.
2. For certificates issued on or after January 1, 1991, for which reserves are computed on the commissioner’s 1980 standard mortality table, or any more recent table made applicable to life insurers, every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan, or other option granted shall not be less than the corresponding amount ascertained in accordance with the laws of this state applicable to life insurers issuing policies containing like benefits based upon the same tables.
90 Acts, ch 1148, §21
Structure Iowa Code
Chapter 512B - FRATERNAL BENEFIT SOCIETIES
Section 512B.1 - Scope of chapter.
Section 512B.3 - Fraternal benefit societies — defined.
Section 512B.4 - Lodge system.
Section 512B.5 - Representative form of government.
Section 512B.6 - Purposes and powers.
Section 512B.7 - Qualifications for membership.
Section 512B.8 - Location of office, meetings, communications to members, grievance procedures.
Section 512B.9 - Personal liability.
Section 512B.11 - Organization.
Section 512B.12 - Amendments to laws.
Section 512B.13 - Institutions.
Section 512B.14 - Reinsurance.
Section 512B.15 - Consolidations and mergers.
Section 512B.15A - Conversion of fraternal benefit society into a mutual life insurance company.
Section 512B.17 - Beneficiaries.
Section 512B.18 - Benefits not attachable.
Section 512B.19 - The benefit contract.
Section 512B.21 - Investments.
Section 512B.21A - Required reserves.
Section 512B.25 - Annual license — renewal.
Section 512B.26 - Examination of societies — no adverse publications.
Section 512B.27 - Foreign or alien society — admission.
Section 512B.28 - Injunction — liquidation — receivership of domestic society.
Section 512B.29 - Suspension, revocation, or refusal of license of foreign or alien society.
Section 512B.31 - Licensing of agents.
Section 512B.32 - Unfair methods of competition and unfair and deceptive acts and practices.
Section 512B.33 - Service of process.