Definitions.

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521.1 Definitions.

For the purposes of this chapter:

1. “Affected company” or “affected mutual company” means the company being merged with and into the surviving company.

2. “Commission” means the commission created in section 521.5.

3. “Commissioner” means the commissioner of insurance.

4. “Company” means a company or association organized under chapter 508, 514B, 515, 518, 518A, or 520, and includes a mutual insurance holding company organized pursuant to section 521A.14.

5. “Dividing insurer” means the same as defined in section 521I.1.

6. “Resulting insurer” means the same as defined in section 521I.1.

[S13, §1821-m; C24, 27, 31, 35, 39, §9104; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §521.1]

89 Acts, ch 83, §75; 95 Acts, ch 185, §41; 2006 Acts, ch 1117, §98; 2007 Acts, ch 22, §91; 2011 Acts, ch 70, §39; 2019 Acts, ch 20, §18

Referred to in §521.2


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