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. 95 Acts, ch 185, §28
Iowa Code § 518.26, under COUNTY MUTUAL INSURANCE ASSOCIATIONS.
Iowa Code § 518.26
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. 95 Acts, ch 185, §28