518A.39 'Debt' defined. In ascertaining such corporate indebtedness, a debt shall be deemed to exist, on account of its liabilities on the policy certificates or contracts of insurance issued by it equal to theamount of surplus or other funds accumulated by such corporation for the purpose of fulfillingits policy contracts of insurance and which can be used for no other purpose. [C24, 27, 31, 35, 39, §9064; C46, 50, 54, 58, 62, §518.39; C66, 71, 73, 75, 77, 79, 81, §518A.39] Sat Dec 23 00:51:16 2023 Iowa Code 2024, Section 518A.39 (17, 0)
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