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Iowa Code § 512A.6

Contributions for expenses

Iowa · Iowa Code Chapter 512A — Benevolent Associations · Status: effective

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Iowa Code § 512A.6, Contributions for expenses, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2263933
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Such associations may operate without the establishment of reserves or surplus except for current expenses. Contributions for expenses shall be added as a separate item to contributions for membership benefits. A reasonable membership fee to cover initial expenses may be charged.