No company organized under the laws of this state to do the business of life insurance, either on the stock, mutual, stipulated premium, or assessment plan, shall consolidate with any other company or reinsure its risks, or any part thereof, with any other company, or assume or reinsure the whole or any part of the risks of any other company, except as hereinafter provided; provided that nothing contained in this chapter shall prevent any company, as defined in section 521.1, from reinsuring a fractional part of any single risk.
[S13, § 1821-n; C24, 27, 31, 35, 39, § 9105; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 521.2]
Referred to in § 521.12, 521.15
Iowa General Assembly
Search: Iowa Code 1995
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