521.3 Submission of plan and application to commissioner of insurance.
Any company proposing to consolidate, merge, or enter into any reinsurance contract with another company shall file a plan and an application in support of the plan with the commissioner. The plan shall set forth the terms of the proposed contract of consolidation, merger, or reinsurance, along with any other information requested by the commissioner.
[S13, §1821-o; C24, 27, 31, 35, 39, §9106; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §521.3]
2006 Acts, ch 1117, §100
Referred to in §521.4
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.