Iowa Statutes
§ 515.7 — Stock and mutual plan distinguished
Iowa § 515.7
This text of Iowa § 515.7 (Stock and mutual plan distinguished) 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 § 515.7 (2026).
Text
No company shall be organized to do business upon both stock and mutual plans; nor shall
a company organized as a stock company do business upon the plan of a mutual company;
nor shall a company organized upon the mutual plan do business or take risks upon the stock
plan.
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Legislative History
[C73, §1159; C97, §1690; C24, 27, 31, 35, 39, §8902; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77,
79, 81, §515.7]
Nearby Sections
15
§ 515.1
Applicability§ 515.104
Coinsurance or contribution clause§ 515.105
Agency relationship§ 515.108
Insurance in unauthorized companies§ 515.110
More favorable conditions§ 515.111
Nuclear loss or damage excluded§ 515.112
Violations — status of policyCite This Page — Counsel Stack
Bluebook (online)
Iowa § 515.7, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/515.7.