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Iowa Code § 518.26

Loans to officers prohibited

Iowa · Iowa Code Chapter 518 — County Mutual Insurance Associations · Status: effective

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Iowa Code § 518.26, Loans to officers prohibited, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2265189
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Assets or other funds shall not be loaned directly or indirectly to an officer, director, or employee of the association, or directly or indirectly to a relative of an officer, director, or an employee of the association.