512A.3 Incorporation mandatory. Before a benevolent association shall operate in this state it shall first incorporate in accordance with the laws of this state, and the articles of incorporation and bylaws shall besubmitted to the commissioner. If the commissioner finds they conform to the requirementsof the law and all rules and regulations promulgated under this chapter, the commissionershall approve the articles of incorporation and file them with the secretary of state. Everybenevolent association at the time of its incorporation shall submit its general plan ofoperation to the commissioner and if the commissioner finds it conforms to the requirementsof the law and all reasonable rules and regulations promulgated under this chapter, thecommissioner shall issue a license to expire on the first day of June after issuance. Thelicense shall be renewed from year to year upon application of the association, if thecommissioner finds from examination that it has conformed to the requirements of all lawsand regulations applicable thereto. [C71, 73, 75, 77, 79, 81, §512A.3]88 Acts, ch 1112, §106 Sat Dec 23 00:43:04 2023 Iowa Code 2024, Section 512A.3 (14, 0)
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