An officer or director of a life insurance company or association shall not profit from the investment of funds of the company.
Iowa Code § 511.12
Officers not to profit by investments
[C24, 27, 31, 35, 39, §8749; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §511.12] 2021 Acts, ch 80, §321
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.