Iowa Code (Last Updated: December 05, 2016) |
Title XIII. COMMERCE |
Chapter 518A. STATE MUTUAL INSURANCE ASSOCIATIONS |
Section 518A.6A. Bylaws.
Latest version.
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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.