Home/Iowa/Statutes/Title XIII: COMMERCE/Ch. 515: INSURANCE OTHER THAN LIFE/§ 515.23
Iowa Statutes

§ 515.23 — Prohibited loans

Iowa § 515.23
JurisdictionIowa
Title XIIICOMMERCE
Ch. 515INSURANCE OTHER THAN LIFE

This text of Iowa § 515.23 (Prohibited loans) 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 § 515.23 (2026).

Text

Capital, surplus, funds, or other assets, or any part of any or all of the foregoing, shall not be directly or indirectly loaned to an officer, director, stockholder, or employee of a company or to a relative of an officer or director of a company.

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Legislative History

[S13, §1783-e; C24, 27, 31, 35, 39, §8905; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.11]

Nearby Sections

15
§ 515.1
Applicability
§ 515.10
Subscriptions of stock — applications
§ 515.100
Nature of organization entered on policy
§ 515.101
Conditions and stipulations invalidating policy — avoidance — pleadings — applicability
§ 515.102
Forms of policies and endorsements — approval
§ 515.103
Use of credit information — personal insurance
§ 515.104
Coinsurance or contribution clause
§ 515.105
Agency relationship
§ 515.106
Limitation on termination of independent producers
§ 515.107
Applicability to organizations and individuals
§ 515.108
Insurance in unauthorized companies
§ 515.109
Fire insurance contract — standard policy provisions — permissible variations
§ 515.110
More favorable conditions
§ 515.111
Nuclear loss or damage excluded
§ 515.112
Violations — status of policy
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Bluebook (online)
Iowa § 515.23, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/515.23.