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§ 511.11 — Iowa Law | CourtGPT
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  6. § 511.11
Iowa Legal Code

§ 511.11

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511.11 Prohibited loans. No insurance company or association organized under the statutes of this state to transact an insurance business, shall invest its capital, surplus funds, or other assets, in or loanthe same on property owned by any officer or director of such company or by any of theimmediate members of the family of any such officer or director. [C24, 27, 31, 35, 39, §8748; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §511.11] Sat Dec 23 00:42:45 2023 Iowa Code 2024, Section 511.11 (17, 0)