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KFI 4345 .44

1909

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INSURANCE LAWS

INSURANCE LAWS OF IOWA

CHAPTER 4, TITLE IX OF CODE.

INSURANCE OTHER THAN LIFE.

*See Supreme Court decisions in back of book relating to section.

Section 1684. Proceedings for incorporation. Corporations formed for the purpose of insurance, other than life insurance, shall be governed by the provisions of chapter one of this title, except as modified by the provisions of this chapter. [C. '73, S 1122.]

Number 1607; Powers 1609; Procedure 1610; Begin business 1614; Change in articles 1615; Duration 1618; Stock 1625-26-27.

Sec. 1685. Articles—approval. Each such organization shall present to the auditor of state its articles of incorporation, which shall show its name, objects, location of its principal place of business and amount of its capital stock, who shall submit it to the attorney-general for examination, and if found by him to be in accordance with the provisions of this title, the laws of the United States, and the constitution and laws of the state, he shall certify such fact thereon and return the same to the auditor, and no articles shall be approved by the auditor or recorded unless accompanied with such certificate. [Same.]

Applicable to Associations 1759c, Life 1768-85, Fraternals 1832.

Sec. 1686. Certificate recording. If the auditor approves them, he shall so certify, and the articles with the certificates of approval shall be recorded in the office of the secretary of state as articles of other corporations are, who shall indorse thereon his certificate thereof, as is required in case of other corporations for pecuniary profit. [C. '73, § 1123.]

Sec. 1687. Name. If the auditor finds the name of the company to be so similar to one already appropriated by a corporation of the same character as to be likely to mislead the blic or to cause inconvenience, he shall refuse his certificate to its articles on that ground. [C. '73, § 1122.] *

Applicable to life companies. See 1786.

Sec. 1688. Recording with state auditor. The articles when thus certified by the secretary of state as recorded in his office, or

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