Iowa Statutes

§ 514.15 — Nonexempt from taxation

Iowa § 514.15
JurisdictionIowa
Title XIIICOMMERCE
Ch. 514NONPROFIT HEALTH SERVICE CORPORATIONS

This text of Iowa § 514.15 (Nonexempt from taxation) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Iowa Code § 514.15 (2026).

Text

Every corporation organized under chapter 504, Code 1989, or current chapter 504, and governed by this chapter, is hereby declared to be a charitable and benevolent institution but its property and funds, including subscribers’ contracts, shall not be exempt from taxation. For purposes of this section, the term “subscriber contract” shall mean only those benefit contracts issued or delivered in Iowa by corporations subject to this chapter, including certificates issued under such contracts, and which provide coverage to residents of Iowa on a risk basis.

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Legislative History

[C39, §8895.15; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §514.15; 82 Acts, ch 1003, §6]

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Bluebook (online)
Iowa § 514.15, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/514.15.