518A.37 Surplus.
An association organized under this chapter before July 1, 2009, shall at all times maintain a surplus of not less than one hundred thousand dollars, or one-tenth of one percent of the gross risk in force, whichever is greater. An association organized under this chapter on or after July 1, 2009, shall at all times maintain a surplus of not less than two hundred thousand dollars or one-tenth of one percent of the gross risk in force, whichever is greater.
90 Acts, ch 1234, §71; 99 Acts, ch 165, §20; 2002 Acts, ch 1111, §29; 2009 Acts, ch 145, §46
Structure Iowa Code
Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS
Section 518A.1 - Organization — purpose and powers.
Section 518A.1A - Plan of organization.
Section 518A.2 - State mutual insurance associations.
Section 518A.3A - Remote participation in meetings of members.
Section 518A.4 - Amendments to articles.
Section 518A.5 - Articles and bylaws part of policy.
Section 518A.6 - Officers — election.
Section 518A.7 - Policies — issuance — conditions.
Section 518A.8 - Articles — approval — bylaws.
Section 518A.9 - Premium charges.
Section 518A.9A - Assessments prohibited.
Section 518A.12 - Investments.
Section 518A.18 - Annual report — penalties.
Section 518A.19 - Proof of loss.
Section 518A.20 - Five-day limit.
Section 518A.21 - Ten-day limit.
Section 518A.22 - Limitation of action.
Section 518A.23 - Presumption as to value.
Section 518A.24 - Value of building — liability.
Section 518A.25 - Value of personal property — value of crops.
Section 518A.26 - Arbitration.
Section 518A.27 - Reinsurance — quo warranto.
Section 518A.29 - Cancellation or nonrenewal by association — notice.
Section 518A.39 - “Debt” defined.
Section 518A.40 - Annual fees — renewals — penalties.
Section 518A.41 - Insurance producers to be licensed.
Section 518A.42 - Limitation on termination of independent insurance producers.
Section 518A.44 - Reinsurance.
Section 518A.51 - Loans to officers prohibited.
Section 518A.52 - Form — approval.
Section 518A.53 - Failure to file copy.
Section 518A.54 - Disapproval of filings.
Section 518A.55 - Certificate suspension.