519.8 Cancellation of policy.
Any certificate of membership, or policy, issued by such a mutual insurance corporation may be canceled by the corporation by giving thirty days’ written notice thereof to the insured; or such cancellation may be upon demand of the insured; and such cancellation, when so made, either by the corporation or by the insured, shall be upon a pro rata basis, and the cancellation of such certificate or policy shall release the member from all other future obligations to such corporation.
[C24, 27, 31, 35, 39, §9077; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §519.8]
Structure Iowa Code
Chapter 519 - LIABILITY INSURANCE — CERTAIN PROFESSIONS
Section 519.1 - Authorization.
Section 519.2 - Incorporation — powers.
Section 519.3 - Articles — approval — bylaws.
Section 519.4 - Approval of policy — certificate of authority.
Section 519.7 - Reinsurance reserve.
Section 519.8 - Cancellation of policy.
Section 519.10 - Powers of commissioner.
Section 519.11 - Liability to assessments.