521I.13 Shareholder appraisal rights.
If a dividing insurer does not survive a division, an objecting shareholder of the dividing insurer is entitled to appraisal rights and to obtain payment of the fair value of such shareholder’s shares in the same manner and to the extent provided for a corporation as a party to a merger pursuant to section 490.1302.
2019 Acts, ch 20, §13
Referred to in §521I.11
Structure Iowa Code
Chapter 521I - DIVISION OF DOMESTIC STOCK INSURERS
Section 521I.2 - Plan of division — general requirements.
Section 521I.3 - Plan of division — dividing insurer to survive division.
Section 521I.4 - Plan of division — dividing insurer not to survive division.
Section 521I.5 - Amending plan of division.
Section 521I.6 - Abandoning plan of division.
Section 521I.7 - Approval of plan of division — articles of incorporation and bylaws.
Section 521I.8 - Commissioner approval of plan of division.
Section 521I.9 - Confidentiality.
Section 521I.10 - Certificate of division.
Section 521I.11 - Division effective.
Section 521I.12 - Resulting insurers liability for allocated assets, debts, and liabilities.
Section 521I.13 - Shareholder appraisal rights.