509.5 Authorized companies. 1. Any level premium life insurance company, organized on the stock or mutual plan and authorized to transact business under the provisions of chapter 508 may, upon complyingwith the provisions of said chapter and of this chapter, issue contracts providing for grouplife, or health, or accident insurance, or combinations thereof as defined in this chapter. 2. A casualty company organized on the stock or mutual plan, or accident and health association authorized to transact business under chapter 515, or a reciprocal orinterinsurance exchange organized under chapter 520, may, by complying with thosechapters and this chapter, issue contracts providing for health or accident insurance, orcombinations of health and accident insurance, as defined in this chapter. [C24, 27, 31, §8677; C35, §8684-e4; C39, §8684.04; C46, §509.4; C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §509.5] 89 Acts, ch 83, §68 Sat Dec 23 00:41:42 2023 Iowa Code 2024, Section 509.5 (16, 0)
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