Iowa Code 506.5 – Regulation by commissioner
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Iowa Code 506.5
- Commissioner: means the commissioner of insurance. See Iowa Code 510.1B
- Fraud: Intentional deception resulting in injury to another.
- Sale: means any sale, offer for sale, or attempt to sell or lease any land, to the public in this state, for cash or on credit. See Iowa Code 543C.1
- 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
The commissioner of insurance shall have power to regulate all other matters in connection with the organization of such domestic corporations, and the sale of stock or the issuing of certificates by all insurance corporations within the state, to the end that fraud may be prevented in the organization of such companies and the sale of their stocks and securities.