§ 515.39 — Ownership of assets — oath

Iowa § 515.39

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 515: INSURANCE OTHER THAN LIFE

Text

The incorporators or officers of any such company, or proposed company, shall be required
to state to the commissioner of insurance under oath that the capital or assets exhibited to the
person making the examination are actually and in good faith the property of the company
examined, and free and clear of any lien or claim on the part of any other person.

Legislative History

[C73, §1131; C97, §1700; C24, 27, 31, 35, 39, §8931; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.39]