Iowa Code § 508.20

Reinsurance securities — titlevested in commissioner
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The title to all securities deposited with the commissioner of insurance by any domestic lifeinsurance company or association which has been, or hereafter shall be, reinsured by a foreign lifeinsurance company, shall be vested in the commissioner for the use and benefit of only the policies of the company reinsured in force at the date ofsuchreinsurance agreement.

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