reglab/housing_qa huggingface dataset:
IA Code § 518.23 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518 - COUNTY MUTUAL INSURANCE ASSOCIATIONS|Section 518.23 - Cancellation or nonrenewal of policies — notice.

518.23 Cancellation or nonrenewal of policies — notice.   1. Cancellation by insured. A policy shall be canceled at any time at the request of the insured.   2. Cancellation by association.   a. Except as provided in paragraph “b”, notice of cancellation is not effective unless mailed or delivered by the association to the named insured at least thirty days before the effective date of cancellation.   b. Notice of cancellation resulting from nonpayment of a premium or installment provided for in the policy, or provided for in a note or contract for the payment of such premium or installment, is not effective unless mailed or delivered by the association to the named insured at least ten days prior to the date of cancellation.   c. If a notice of cancellation under paragraph “a” or “b” fails to include the reason for such cancellation, the association, upon receipt of a timely request by the named insured, shall provide in writing the reason for the cancellation.   3. Nonrenewal by association. A notice of intention not to renew is not effective unless mailed or delivered by the insurer to the named insured at least thirty days prior to the expiration date of the policy. If the reason does not accompany the notice of nonrenewal, the association, upon receipt of a timely request by the named insured, shall provide the reason for the nonrenewal in writing.   4. Notice. Service of notice under subsection 2 or 3 may be delivered in person or mailed to the insured at the insured’s post office address as given in or upon the policy, or to such other address as the insured shall have given to the association in writing. A post office department certificate of mailing shall be deemed proof of receipt of such mailing. If in either case the cash payments exceed the amount properly chargeable, the excess shall be refunded to the insured.  [C66, 71, 73, 75, 77, 79, 81, §518.23]  2000 Acts, ch 1023, §39; 2001 Acts, ch 69, §35; 2003 Acts, ch 91, §47; 2009 Acts, ch 145, §35
IA Code § 518.25 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518 - COUNTY MUTUAL INSURANCE ASSOCIATIONS|Section 518.25 - Surplus.

518.25 Surplus.   An association organized under this chapter before July 1, 2009, shall at all times maintain a surplus of not less than fifty thousand dollars or one-tenth of one percent of the gross risk in force, whichever is greater. An association organized under this chapter on or after July 1, 2009, shall at all times maintain a surplus of not less than one hundred thousand dollars or one-tenth of one percent of the gross risk in force, whichever is greater.  90 Acts, ch 1234, §70; 99 Acts, ch 165, §17; 2002 Acts, ch 1111, §27; 2009 Acts, ch 145, §36
IA Code § 518.26 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518 - COUNTY MUTUAL INSURANCE ASSOCIATIONS|Section 518.26 - Loans to officers prohibited.

518.26 Loans to officers prohibited.   Assets or other funds shall not be loaned directly or indirectly to an officer, director, or employee of the association, or directly or indirectly to a relative of an officer, director, or an employee of the association.  95 Acts, ch 185, §28
IA Code § 518.27 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518 - COUNTY MUTUAL INSURANCE ASSOCIATIONS|Section 518.27 - Form — approval.

518.27 Form — approval.   The form of all policies, applications, agreements, and endorsements modifying the provisions of policies, and all permits and riders used in this state, issued or proposed to be issued by a county mutual insurance association doing business in this state under the provisions of this chapter, shall first be examined and approved by the commissioner of insurance.  95 Acts, ch 185, §29  Referred to in §518.28
IA Code § 518.28 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518 - COUNTY MUTUAL INSURANCE ASSOCIATIONS|Section 518.28 - Failure to file copy.

518.28 Failure to file copy.   Upon the failure of a county mutual insurance association to file a copy of its forms of policies or contracts pursuant to section 518.27, the commissioner of insurance may suspend its authority to transact business within the state until such forms of policies or contracts have been filed and approved.  95 Acts, ch 185, §30; 2001 Acts, ch 24, §56
IA Code § 518.29 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518 - COUNTY MUTUAL INSURANCE ASSOCIATIONS|Section 518.29 - Disapproval of filings.

518.29 Disapproval of filings.   If the commissioner finds that a filing does not meet the requirements of this chapter, written notice of disapproval shall be sent to the county mutual insurance association specifying in what respect the filing fails to meet the requirements of this chapter and stating that the filing is not effective. If a filing is disapproved by the commissioner, the association may request a hearing on the disapproval within thirty days. The association bears the burden of proving compliance with the standards established by this chapter.   If, at any time after a form has been approved, the commissioner finds that the form no longer meets the requirements of this chapter, the commissioner may order the discontinuance of the use of the form. The order of discontinuance shall be in writing and may be issued only after a hearing with at least ten days’ prior notice to all county mutuals affected by the order. The order shall state the grounds upon which the order is based and when the order of discontinuance is effective.  95 Acts, ch 185, §31
IA Code § 518.30 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518 - COUNTY MUTUAL INSURANCE ASSOCIATIONS|Section 518.30 - Certificate suspension.

518.30 Certificate suspension.   The commissioner of insurance may suspend a county mutual insurance association’s certificate of authority to do business if the association neglects or fails to comply with this chapter.  95 Acts, ch 185, §32
IA Code § 518.31 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518 - COUNTY MUTUAL INSURANCE ASSOCIATIONS|Section 518.31 - Rulemaking.

518.31 Rulemaking.   The commissioner may adopt rules pursuant to chapter 17A as necessary for the administration of this chapter.  2009 Acts, ch 145, §37
IA Code § 518A.1 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.1 - Organization — purpose and powers.

518A.1 Organization — purpose and powers.   1. Any number of persons may, by incorporating under chapter 491, enter into contracts with each other for the following kinds of insurance from loss or damage by:   a. Any peril or perils resulting in physical loss of or damage to property.   b. Theft of personal property.   c. Injury, sickness, or death of animals and the furnishing of veterinary service.   d. Any vehicle, excluding automobile or aircraft, including loss and expense resulting from the ownership, maintenance, or use thereof, but shall not include insurance against bodily injury to the person.   2. For the purpose of this protection these contracts of insurance shall be subject only to such provisions as are contained in this chapter and shall consist of:   a. An application on blanks furnished by the association and signed by the insured or the insured’s representative, which may contain in addition to other provisions:   (1) The value of the property.   (2) The proper description of the property.   (3) The amount of other insurance and the encumbrance on the property.   (4) Agreement to be governed by the articles of incorporation and bylaws in force at the time the policy is issued.   (5) A representation that the foregoing statements are true as far as the same are known to the insured or material to the risk.   (6) That the insurance shall take effect when approved by the secretary.   b. A policy issued by the association in accordance with its rules, and approved by the commissioner of insurance.   3. Such associations may insure risks of their members or may reinsure risks of other associations or companies.   4. The words “persons” and “members” as used in this chapter shall be construed to mean trustees, administrators, and all other individuals, public or private corporations or associations.   5. Insurance on the property of one or more minors may be granted on application of an adult parent, friend, or guardian who consents to become a member as representing such minor.  [C73, §1160; C97, §1759; S13, §1759-a; C24, 27, 31, 35, 39, §9029; C46, 50, 54, 58, 62, §518.1; C66, 71, 73, 75, 77, 79, 81, §518A.1]  88 Acts, ch 1112, §510; 2007 Acts, ch 137, §18; 2015 Acts, ch 30, §168  Referred to in §518A.44
IA Code § 518A.1A (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.1A - Plan of organization.

518A.1A Plan of organization.   An entity seeking to organize as or convert to a state mutual insurance association shall submit a plan of organization to the commissioner for approval.  99 Acts, ch 165, §18
IA Code § 518A.2 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.2 - State mutual insurance associations.

518A.2 State mutual insurance associations.   Any association incorporated under the laws of this state for the purpose of furnishing insurance as provided for in this chapter is authorized to do business in the county in which its principal place of business is located, the counties contiguous thereto, and the next tier of contiguous counties and in other states where they are legalized and authorized to do business. Each association seeking to modify its authorized writing territory shall file with the commissioner a plan for controlled expansion demonstrating that provisions have been made adequately to service and protect policyholders. The expansion plan shall not be modified without the prior written approval of the commissioner, which approval shall not be unreasonably withheld. The words “mutual” and “association” shall be incorporated in and become a part of their name.  [C97, §1760; S13, §1759-b; C24, 27, 31, 35, 39, §9030; C46, 50, 54, 58, 62, §518.2; C66, 71, 73, 75, 77, 79, 81, §518A.2]  2002 Acts, ch 1111, §28
IA Code § 518A.3 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.3 - Meetings.

518A.3 Meetings.   Unless the time and place of holding the annual meeting of the members of any association transacting business under the provisions of this chapter are plainly stated in their articles of incorporation or bylaws, twenty days’ notice of the time and place of holding of said meetings shall be given to all members of the association. Annual meetings may adjourn from time to time.  [S13, §1759-o; C24, 27, 31, 35, 39, §9031; C46, 50, 54, 58, 62, §518.3; C66, 71, 73, 75, 77, 79, 81, §518A.3]
IA Code § 518A.4 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.4 - Amendments to articles.

518A.4 Amendments to articles. Repealed by  2009 Acts, ch 145, §54  . See §518A.57.
IA Code § 518A.5 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.5 - Articles and bylaws part of policy.

518A.5 Articles and bylaws part of policy.   When such articles of incorporation and bylaws are printed on the policy they become a part thereof and are binding upon the association and the insured alike.  [C24, 27, 31, 35, 39, §9033; C46, 50, 54, 58, 62, §518.5; C66, 71, 73, 75, 77, 79, 81, §518A.5]
IA Code § 518A.6 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.6 - Officers — election.

518A.6 Officers — election.   Officers or directors shall be elected in the manner and for the length of time prescribed in the articles of incorporation or bylaws. The same person shall not simultaneously hold the offices of president and secretary. A director shall be a member of the association.  [C24, 27, 31, 35, 39, §9034; C46, 50, 54, 58, 62, §518.6; C66, 71, 73, 75, 77, 79, 81, §518A.6]  97 Acts, ch 186, §23; 2000 Acts, ch 1023, §40
IA Code § 518A.6A (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.6A - Bylaws.

518A.6A Bylaws.   The directors of the association may enact the bylaws and regulations not inconsistent with law as they consider necessary for the regulation and conduct of the business. A change in the bylaws shall not limit coverage under existing policies of insurance. An association shall file with the commissioner bylaws and amendments to bylaws within thirty days of adoption.  2000 Acts, ch 1023, §41
IA Code § 518A.7 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.7 - Policies — issuance — conditions.

518A.7 Policies — issuance — conditions. Repealed by  2009 Acts, ch 145, §54  .
IA Code § 518A.8 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.8 - Articles — approval — bylaws.

518A.8 Articles — approval — bylaws.   The articles of incorporation, and any subsequent amendments, to the articles of an organization shall be filed with and approved by the commissioner of insurance before filing with the secretary of state. The organization shall file with the commissioner bylaws and subsequent amendments to the bylaws within thirty days of adoption of the bylaws or amendments.  [C97, §1761; S13, §1759-c; C24, 27, 31, 35, 39, §9036; C46, 50, 54, 58, 62, §518.8; C66, 71, 73, 75, 77, 79, 81, §518A.8]  99 Acts, ch 165, §19; 2009 Acts, ch 145, §38
IA Code § 518A.9 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.9 - Premium charges.

518A.9 Premium charges.   An association, by action of its board of directors, may establish premium charges for the purpose of payment of losses and expenses and for the establishment or maintenance of a reserve fund.  [C97, §1765; S13, §1759-h; C24, 27, 31, 35, 39, §9037; C46, 50, 54, 58, 62, §518.9; C66, 71, 73, 75, 77, 79, 81, §518A.9]  2000 Acts, ch 1023, §43; 2009 Acts, ch 145, §39  Referred to in §519.11
IA Code § 518A.9A (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.9A - Assessments prohibited.

518A.9A Assessments prohibited.   An association doing business under this chapter shall not levy an assessment on any member of the association.  2000 Acts, ch 1023, §44
IA Code § 518A.18 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.18 - Annual report — penalties.

518A.18 Annual report — penalties.   1. An association doing business under this chapter, on or before March 1 of each year, shall prepare under oath and file with the commissioner of insurance an accurate and complete statement of the condition of the association as of the last day of the preceding calendar year. The statement shall conform to the annual statement blank prepared pursuant to instructions prescribed by the commissioner. All financial information reflected in the annual report shall be kept and prepared pursuant to accounting practices and procedures prescribed by the commissioner. Statements filed with the commissioner pursuant to this section shall be tabulated and published by the commissioner of insurance in the annual report of insurance.   2. An association that fails to timely file the statement required under subsection 1 is in violation of this section and shall pay an administrative penalty of five hundred dollars for each violation to the treasurer of state for deposit as provided in section 505.7.   3. The commissioner may give notice to an association that the association has not timely filed the statement required under subsection 1 and is in violation of this section. If the association fails to file the required statement and comply with this section within ten days of the date of the notice, the association shall pay an additional administrative penalty of one hundred dollars for each day that each failure continues to the treasurer of state for deposit as provided in section 505.7.   4. The association’s right to transact new business in this state shall immediately cease until the association has fully complied with this chapter.  [C73, §1160; C97, §1762, 1763; S13, §1759-d, -e; C24, 27, 31, 35, 39, §9044; C46, 50, 54, 58, 62, §518.18; C66, 71, 73, 75, 77, 79, 81, §518A.18]  85 Acts, ch 228, §8; 2000 Acts, ch 1023, §46; 2006 Acts, ch 1117, §92; 2009 Acts, ch 181, §84
IA Code § 518A.19 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.19 - Proof of loss.

518A.19 Proof of loss.   A proof of loss shall contain such information as is required by the policy provisions of the association, which information shall be signed and sworn to by the insured.  [C24, 27, 31, 35, 39, §9045; C46, 50, 54, 58, 62, §518.19; C66, 71, 73, 75, 77, 79, 81, §518A.19]  2009 Acts, ch 145, §43
IA Code § 518A.20 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.20 - Five-day limit.

518A.20 Five-day limit.   In case of damage or loss to livestock by fire or lightning or loss or damage to automobiles or aircraft by theft or fire, notice of such loss must be given the association by mailing written notice within five days from the time such loss or damage occurred.  [C24, 27, 31, 35, 39, §9046; C46, 50, 54, 58, 62, §518.20; C66, 71, 73, 75, 77, 79, 81, §518A.20]
IA Code § 518A.21 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.21 - Ten-day limit.

518A.21 Ten-day limit.   In case of loss to growing crops by hail, notice of such loss must be given the association by mailing a certified mail letter within ten days from the time such loss or damage occurred.  [C24, 27, 31, 35, 39, §9047; C46, 50, 54, 58, 62, §518.21; C66, 71, 73, 75, 77, 79, 81, §518A.21]
IA Code § 518A.22 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.22 - Limitation of action.

518A.22 Limitation of action.   A suit or action on a policy for the recovery of any claim shall not be sustainable in any court of law or equity unless all requirements of the policy have been complied with, and unless commenced within twelve months next after the inception of the loss.  [C24, 27, 31, 35, 39, §9048; C46, 50, 54, 58, 62, §518.22; C66, 71, 73, 75, 77, 79, 81, §518A.22]  2009 Acts, ch 145, §44
IA Code § 518A.23 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.23 - Presumption as to value.

518A.23 Presumption as to value. Repealed by  2009 Acts, ch 145, §54  .
IA Code § 518A.24 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.24 - Value of building — liability.

518A.24 Value of building — liability.   The association issuing such policy may show the actual value of said property at date of policy, and any depreciation in the value thereof before the loss occurred; but the said association shall be liable for the actual value of the property insured at the date of the loss, unless such value exceeds the amount of insurance stated in the policy.  [C24, 27, 31, 35, 39, §9050; C46, 50, 54, 58, 62, §518.24; C66, 71, 73, 75, 77, 79, 81, §518A.24]
IA Code § 518A.25 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.25 - Value of personal property — value of crops.

518A.25 Value of personal property — value of crops.   In any action on a policy to recover loss or damage on personal property, the association shall not be liable in excess of the amount of damage or loss at the time the loss or damage occurs; provided that the value of growing crops may be stated in the policy or contract.  [C24, 27, 31, 35, 39, §9051; C46, 50, 54, 58, 62, §518.25; C66, 71, 73, 75, 77, 79, 81, §518A.25]
IA Code § 518A.26 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.26 - Arbitration.

518A.26 Arbitration.   No recovery on a policy or contract of insurance shall be defeated for failure of the insured to comply, after a loss occurs, with any arbitration or appraisement stipulation as to fixing the value of property. No arbitration shall take place except substantially where the property was situated at the time of loss. Contracts of insurance to indemnify against loss by hail to growing crops which stipulate for arbitration shall provide that the decision of the majority of the arbitrators shall be final only as to the arbitration.  [C31, 35, §9051-c1; C39, §9051.1; C46, 50, 54, 58, 62, §518.26; C66, 71, 73, 75, 77, 79, 81, §518A.26]
IA Code § 518A.27 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 518A - STATE MUTUAL INSURANCE ASSOCIATIONS|Section 518A.27 - Reinsurance — quo warranto.

518A.27 Reinsurance — quo warranto.   The commissioner of insurance may address inquiries to any association in relation to its doings and condition and any association so addressed shall promptly reply thereto in writing. If the commissioner of insurance is then satisfied that the association has failed to comply with any provisions of this law, or is exceeding its powers, or is not carrying out its contracts in good faith; or is transacting business fraudulently or soliciting insurance in territories where it is not legally admitted to do business, or is in such condition as to render the further transaction of business by it hazardous to the public or its policyholders, the business under the commissioner’s supervision and with the consent of the association may be reinsured in some mutual association, or the commissioner may present the facts relating thereto to the attorney general and if the circumstances warrant the attorney general may commence an action in quo warranto in a court of competent jurisdiction.  [C97, §1766; S13, §1759-g; C24, 27, 31, 35, 39, §9052; C46, 50, 54, 58, 62, §518.27; C66, 71, 73, 75, 77, 79, 81, §518A.27]