An insurance company other than a life insurance company shall have, in addition to the required paid-up capital, a surplus in cash or invested in securities authorized by law of not less than two million five hundred thousand dollars.
[C73, § 1124; C97, § 1691; C24, 27, 31, 35, 39, § 8904; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 515.10]
90 Acts, ch 1234, §34
Referred to in § 511.23
© 1996 Cornell College and League of Women Voters of Iowa
Comments? webmaster@legis.iowa.gov.
Last update: Thu Feb 8 18:14:51 CST 1996
URL: /IACODE/1995/515/10.html
jhf