515.46 - FORFEITURE OF CERTIFICATE OF AUTHORITY.
515.46 FORFEITURE OF CERTIFICATE OF AUTHORITY. Any dividend made contrary to the provisions of section 515.44 or rules adopted by the commissioner shall subject the company making it to forfeiture of its certificate of authority.Section History: Early Form
[C73, § 1136; C97, § 1702; C24, 27, 31, 35, 39, § 8938; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 515.46]Section History: Recent Form
2000 Acts, ch 1023, §28, 60