508.34 Required to be separate company. Any subsidiary company shall be a separate and distinct company, with neither the organizing or acquiring life company nor such subsidiary having any liability to the creditors,policyholders or stockholders, if any, of the other. The organizing or acquiring companymay be either a mutual or stock company. [C66, 71, 73, 75, 77, 79, 81, §508.34] Sat Dec 23 00:40:45 2023 Iowa Code 2024, Section 508.34 (17, 0)
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