Iowa Code § 521.19
Merger or consolidation effective with division
Iowa · Iowa Code Chapter 521 — Consolidation, Merger, and Reinsurance · Status: effective
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- Citation
- Iowa Code § 521.19, Merger or consolidation effective with division, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2265456
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Full text
A dividing insurer and the dividing insurer’s officers, directors, and shareholders shall have the authority to adopt and execute a plan of merger or consolidation on behalf of a resulting insurer, to execute and deliver documents, plans, certificates, and resolutions, and to make any filings on behalf of such resulting insurer. If provided in a plan of merger or consolidation, the merger or consolidation shall be effective simultaneously with the effectiveness of a division pursuant to 521I.10.