Statutes > Iowa Statutes > Title 13 - Commerce > Subtitle 1 - Insurance and Related Regulation > CHAPTER 518A - STATE MUTUAL INSURANCE ASSOCIATIONS > 518A.51 - LOANS TO OFFICERS PROHIBITED.

518A.51 - LOANS TO OFFICERS PROHIBITED.

        518A.51  LOANS TO OFFICERS PROHIBITED.         Assets or other funds shall not be loaned directly or indirectly      to an officer, director, or employee of the association, or directly      or indirectly to a relative of an officer, director, or employee of      the association.
         Section History: Recent Form
         95 Acts, ch 185, §36