Any company proposing to consolidate, merge, or enter into any reinsurance contract with another company shall file a plan and an application in support of the plan with the commissioner. The plan shall set forth the terms of the proposed contract of consolidation, merger, or reinsurance, along with any other information requested by the commissioner.
Iowa Code § 521.3
Submission of plan and application to commissioner of insurance
Applied in 1 court decision — leading case Ludwick v. Harbinger Group, Inc. (2016)
Most recently applied in Ludwick v. Harbinger Group, Inc. (February 2016)
[S13, §1821-o; C24, 27, 31, 35, 39, §9106; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §521.3] 2006 Acts, ch 1117, §100
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.