512B.27 Foreign or alien society — admission. A foreign or alien society shall not transact business in this state without a license issued by the commissioner. A society desiring admission to this state shall substantially comply withthe requirements and limitations of this chapter applicable to domestic societies. A societymay be licensed to transact business in this state upon filing with the commissioner all of thefollowing: 1. A duly certified copy of its articles of incorporation.2. A copy of its bylaws, certified by its secretary or a corresponding officer.3. A power of attorney to the commissioner of insurance as prescribed in section 512B.33.4. A statement of its business under oath of its president and secretary or corresponding officers in a form prescribed by the commissioner, duly verified by an examination made bythe supervising insurance official of its state of domicile, satisfactory to the commissioner. 5. Certification from the proper official of its state of domicile that the society is legally incorporated and licensed to transact business in that state. 6. Copies of its certificate forms.7. Other information the commissioner requires.8. of its state of domicile that the society is legally incorporated and licensed to transact business in that state. 6. Copies of its certificate forms.7. Other information the commissioner requires.8. A showing that its assets are invested in accordance with this chapter.90 Acts, ch 1148, §28 Sat Dec 23 00:43:24 2023 Iowa Code 2024, Section 512B.27 (16, 0)
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