521.1 Definitions.
For the purposes of this chapter:
1. “Affected company” or “affected mutual company” means the company being merged with and into the surviving company.
2. “Commission” means the commission created in section 521.5.
3. “Commissioner” means the commissioner of insurance.
4. “Company” means a company or association organized under chapter 508, 514B, 515, 518, 518A, or 520, and includes a mutual insurance holding company organized pursuant to section 521A.14.
5. “Dividing insurer” means the same as defined in section 521I.1.
6. “Resulting insurer” means the same as defined in section 521I.1.
[S13, §1821-m; C24, 27, 31, 35, 39, §9104; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §521.1]
89 Acts, ch 83, §75; 95 Acts, ch 185, §41; 2006 Acts, ch 1117, §98; 2007 Acts, ch 22, §91; 2011 Acts, ch 70, §39; 2019 Acts, ch 20, §18
Referred to in §521.2
Structure Iowa Code
Chapter 521 - CONSOLIDATION, MERGER, AND REINSURANCE
Section 521.2 - Consolidation, merger, and reinsurance.
Section 521.3 - Submission of plan and application to commissioner of insurance.
Section 521.4 - Procedure — notice.
Section 521.5 - Commission created.
Section 521.7 - Appearance by members, policyholders, or shareholders.
Section 521.8 - Authorization.
Section 521.9 - Unanimous decision required.
Section 521.10 - Election called.
Section 521.11 - Approval and filing with commissioner.
Section 521.12 - Companies other than life — approval of plan.
Section 521.13 - Reinsurance transactions — exemption.
Section 521.14 - Expenses and costs — how paid.
Section 521.16 - Applicability of section 521A.3.
Section 521.17 - Additional filing requirements — plans and articles of merger or consolidation.
Section 521.18 - Articles of merger or consolidation — filing fees and approval.
Section 521.19 - Merger or consolidation effective with division.