Iowa Code Title XIII. Commerce [Chs. 505-554D] § 521I.5. Amending plan of division

1. A dividing insurer may amend the dividing insurer's plan of division in accordance with any procedures set forth in the plan of division, or if no such procedures are set forth in the plan of division, in a manner determined by the board of directors of the dividing insurer. A shareholder that is entitled to vote on or consent to approval of the plan of division shall be entitled to vote on or consent to an amendment of the plan of division that will affect any of the following:

2. A dividing insurer shall not amend the dividing insurer's plan of division after the plan of division becomes effective under section 521I.10, subsection 2.

3. A dividing insurer shall not amend the dividing insurer's plan of division after the plan of division is approved by the commissioner under section 521I.8.