Section 512B.21A - Required reserves.

IA Code § 512B.21A (2019) (N/A)
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512B.21A Required reserves.

A society incorporated on or after July 1, 1993, shall have in cash, or in securities which are authorized for investment purposes for insurance companies pursuant to section 512B.21, surplus in an amount not less than five million dollars.

93 Acts, ch 88, §14