Iowa Code
Chapter 512B - FRATERNAL BENEFIT SOCIETIES
Section 512B.27 - Foreign or alien society — admission.

512B.27 Foreign or alien society — admission.
A foreign or alien society shall not transact business in this state without a license issued by the commissioner. A society desiring admission to this state shall substantially comply with the requirements and limitations of this chapter applicable to domestic societies. A society may be licensed to transact business in this state upon filing with the commissioner all of the following:
1. A duly certified copy of its articles of incorporation.
2. A copy of its bylaws, certified by its secretary or a corresponding officer.
3. A power of attorney to the commissioner of insurance as prescribed in section 512B.33.
4. A statement of its business under oath of its president and secretary or corresponding officers in a form prescribed by the commissioner, duly verified by an examination made by the supervising insurance official of its state of domicile, satisfactory to the commissioner.
5. Certification from the proper official of its state of domicile that the society is legally incorporated and licensed to transact business in that state.
6. Copies of its certificate forms.
7. Other information the commissioner requires.
8. A showing that its assets are invested in accordance with this chapter.
90 Acts, ch 1148, §28

Structure Iowa Code

Iowa Code

Title XIII - COMMERCE

Chapter 512B - FRATERNAL BENEFIT SOCIETIES

Section 512B.1 - Scope of chapter.

Section 512B.2 - Definitions.

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.10 - Waiver.

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.16 - Benefits.

Section 512B.17 - Beneficiaries.

Section 512B.18 - Benefits not attachable.

Section 512B.19 - The benefit contract.

Section 512B.20 - Nonforfeiture benefits, cash surrender values, certificate loans, and other options.

Section 512B.21 - Investments.

Section 512B.21A - Required reserves.

Section 512B.22 - Funds.

Section 512B.23 - Valuation.

Section 512B.24 - Reports.

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.30 - Standing.

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.

Section 512B.34 - Review.

Section 512B.35 - False or fraudulent statements.

Section 512B.36 - Exemption of certain societies.