432A.2 - PROFIT WITHIN THIS STATE.
432A.2 PROFIT WITHIN THIS STATE. The underwriting profit on such insurance written within this state shall be that proportion of the total underwriting profit of such insurer from such insurance written within the United States which the amount of net premiums of such insurer from such insurance written within this state bears to the total amount of net premiums of such insurer from such insurance written within the United States.
Section History: Early Form [C75, 77, 79, 81, § 432A.2] Referred to in § 432A.1