Iowa Code 507.15 – Transfer pending examination
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 507.15
- Company: means any person engaging in or proposing or attempting to engage in any transaction or kind of insurance or surety business and any person or group of persons who may otherwise be subject to the administrative, regulatory, or taxing authority of the commissioner. See Iowa Code 507.1
Any transfer of stock of any company, pending an investigation, shall not release the party making the transfer from any liability for losses that may have occurred previous to such transfer.