515.18 Assessments. Any such mutual company not possessed of assets at least equal to the unearned premium reserve and other liabilities shall make an assessment upon its members liable to assessmentto provide for such deficiency, such assessment to be against each member in proportion tosuch liability as expressed in the member’s policy; provided the commissioner may by writtenorder, relieve the company from an assessment or other proceedings to restore such assetsduring the time fixed in such order. [C24, 27, 31, 35, 39, §8911; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §515.18]Referred to in §515.20 Sat Dec 23 00:46:35 2023 Iowa Code 2024, Section 515.18 (20, 0)
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