512B.25 Annual license — renewal.
The authority of a society to transact business in this state may be renewed annually. A license terminates on the first day of June following issuance or renewal. A society shall submit annually on or before March 1 a completed application for renewal of its license. For each license or renewal the society shall pay the commissioner a fee of fifty dollars. A society that fails to timely file an application for renewal shall pay an administrative penalty of five hundred dollars to the treasurer of state for deposit as provided in section 505.7. A duly certified copy or duplicate of the license is prima facie evidence that the licensee is a fraternal benefit society within the meaning of this chapter.
90 Acts, ch 1148, §26; 92 Acts, ch 1162, §18; 2006 Acts, ch 1117, §55; 2007 Acts, ch 126, §90; 2009 Acts, ch 181, §71
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.