§ 520.1 Authorization
§ 520.2 Execution of contract
§ 520.3 Office of attorney — foreign office
§ 520.4 Preliminary declaration
§ 520.5 Actions — venue — commissioner as process agent
§ 520.6 Service of process
§ 520.7 Judgment — satisfaction
§ 520.8 Reports — limitations on risks
§ 520.9 Standard of solvency
§ 520.9A Solvency standard — transition
§ 520.10 Annual report — examination — penalties
§ 520.11 Implied powers of corporations
§ 520.12 Certificate of authority — renewal — penalties
§ 520.13 Fidelity or surety bonds executed
§ 520.14 Violations — exceptions
§ 520.15 Refusal or revocation of certificate
§ 520.16 Bonds
§ 520.17 Additional security — refusal
§ 520.18 Foreign attorney — bonds
§ 520.19 Annual tax — fees
§ 520.20 Form of policy — construction
§ 520.21 Reinsurance
§ 520.23 Deposit of securities by reciprocal or interinsurance exchanges
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Terms Used In Iowa Code > Chapter 520 - Reciprocal or Interinsurance Contracts

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Oath: A promise to tell the truth.
  • oath: includes affirmation in all cases where an affirmation may be substituted for an oath, and in like cases the word "swear" includes "affirm". See Iowa Code 4.1
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • property: includes personal and real property. See Iowa Code 4.1
  • Service of process: The service of writs or summonses to the appropriate party.
  • state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
  • Venue: The geographical location in which a case is tried.
  • year: means twelve consecutive months. See Iowa Code 4.1