519.4 Approval of policy — certificate of authority.
69 words·~1 min read·
/ia/chapter-519-liability-insurance-certain-professions/519-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No such mutual insurance corporation shall issue membership certificates, or policies, until its form of certificate or policy, shall have been submitted to, and approved by, the commissioner of insurance and until it has secured from such commissioner of insurance a certificate authorizing it to transact such an insurance business.
[C24, 27, 31, 35, 39, §9073; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §519.4]