Iowa Code § 521I.4

Current through bills signed by governor as of 5/17/2024
Section 521I.4 - Plan of division - dividing insurer not to survive division

If a dividing insurer will not survive a division, the plan of division shall include, in addition to the requirements pursuant to section 521I.2, the manner in which the dividing insurer will cancel or convert shares in the dividing insurer's shares into shares, securities, obligations, money, other property, rights to acquire shares or securities, or any combination thereof.

Iowa Code § 521I.4

Added by 2019 Iowa, ch 20, s 4, eff. 7/1/2019.