County mutual insurance associations are permitted to insure only the following classes of property:
 1. Farm property, including residences and other farm buildings and all classes of personal property in connection therewith;

Terms Used In Iowa Code 518.12

  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • personal property: include money, goods, chattels, evidences of debt, and things in action. See Iowa Code 4.1
  • Personal property: All property that is not real property.
  • property: includes personal and real property. See Iowa Code 4.1
 2. Buildings and personal property used in the processing of agricultural products in conjunction with a farming operation;
 3. City and suburban residences, including household and personal effects;
 4. Churches, schools and community buildings.