636.17 Limitation on acceptance.
No such security shall be accepted on any bond for an amount in excess of ten percent of the paid-up cash capital of such company or corporation unless the excess shall be reinsured in some other company or corporation authorized to do business in the state and in no case to exceed ten percent of the capital of the reinsuring company and provided that a certificate of such reinsurance shall be furnished to the insured.
[C97, §360; SS15, §360; C24, 27, 31, 35, 39, §12766; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §682.17]
C93, §636.17
Referred to in §636.18
Structure Iowa Code
Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES
Chapter 636 - SURETIES — FIDUCIARIES — TRUSTS — INVESTMENTS
Section 636.1 - Security to be by bond.
Section 636.3 - Defects rectified.
Section 636.4 - Qualifications of sureties.
Section 636.5 - Attorneys not receivable as surety.
Section 636.6 - New bond required.
Section 636.7 - Surety bound notwithstanding disqualification.
Section 636.8 - Affidavit of sureties — effect of.
Section 636.9 - Effect of affidavit.
Section 636.10 - Appeal bonds — presumption.
Section 636.11 - Authority to act as surety — agent qualifications.
Section 636.12 - Certificate revoked — notice.
Section 636.13 - Record by clerk.
Section 636.14 - Guaranty company as surety.
Section 636.15 - Payment of premiums.
Section 636.16 - Certificate as authority.
Section 636.17 - Limitation on acceptance.
Section 636.18 - Criminal bonds.
Section 636.20 - Suit on bond — service.
Section 636.21 - Commissioner as process agent.
Section 636.22 - Estoppel — stockholders liable.
Section 636.23 - Authorized securities.
Section 636.24 - Population and indebtedness.
Section 636.25 - Existing investments.
Section 636.26 - Security subject to court order.
Section 636.27 - Collection, application of funds, and reinvestment.
Section 636.28 - Annual accounting.
Section 636.29 - Property or funds in litigation — deposit.
Section 636.30 - Enforcement of order.
Section 636.31 - Inability to distribute trust funds — deposit.
Section 636.32 - Receipt taken.
Section 636.33 - Final discharge.
Section 636.34 - Notice of deposit.
Section 636.37 - Duty of clerk.
Section 636.45 - Federally insured loans.
Section 636.46 - Inapplicable statutes.
Section 636.47 - Deposit and joint control agreements.
Section 636.60 - Powers and duties of trustees not subject to court administration.