Contracts of insurance against loss or damage by fire or other perils may contain a coinsurance or contribution clause or clause having similar effect, provided the form setting up the terms of the same has been approved by the commissioner of insurance.
[C97, § 1746; S13, § 1746; C24, 27, 31, 35, 39, § 8990-8995, 8997; C46, 50, 54, § 515.111-515.116, 515.118; C58, 62, 66, 71, 73, 75, 77, 79, 81, § 515.111]
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