Any association may by action of its board of directors establish premium charges for the purpose of payment of losses and expenses and for the establishment or maintenance of a reserve fund.
Iowa Code § 518.13
Premium charges
[C66, 71, 73, 75, 77, 79, 81, §518.13] 2009 Acts, ch 145, §28
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.