514.15 Nonexempt from taxation.
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.
[C39, §8895.15; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §514.15; 82 Acts, ch 1003, §6]
85 Acts, ch 239, §3; 2017 Acts, ch 29, §149
Rate of tax; §432.2
Structure Iowa Code
Chapter 514 - NONPROFIT HEALTH SERVICE CORPORATIONS
Section 514.1 - Applicability — definitions.
Section 514.2 - Incorporation.
Section 514.2A - Service of process.
Section 514.3 - Approval by commissioner.
Section 514.5 - Contracts for service.
Section 514.6 - Rates — approval by commissioner.
Section 514.7 - Contracts — approval by commissioner — provisions to be available.
Section 514.8 - Contracts with providers — approval.
Section 514.9 - Annual report.
Section 514.9A - Certificate of authority — renewal.
Section 514.11 - Costs approved.
Section 514.12 - Investment of funds.
Section 514.13 - Arbitration of disputes.
Section 514.14 - Dissolution or merger.
Section 514.15 - Nonexempt from taxation.
Section 514.16 - Governmental employees included.
Section 514.17 - Physicians and surgeons, podiatric physicians, or dentists — number required.
Section 514.18 - Podiatric physicians.
Section 514.19 - Combined service corporations.