Iowa § 432.4 - 432.4 Deduction for debts.
Full text of Iowa Iowa Code § 432.4 — 432.4 Deduction for debts., with citation guidance and answers to common questions.
§ 432.4. 432.4 Deduction for debts.
No deduction or exemption from the taxes herein provided shall be allowed for or on account of any indebtedness owing by any such insurance company or association; provided, however, that companies doing a fire insurance business may deduct from the gross amount of premiums received, the amount of premiums returned upon canceled policies issued upon property situated in this state. [C97, §1333; S13, §1333; C24, 27, 31, 35, 39, §7024; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §432.4] Fri Dec 12 20:24:41 2025 Iowa Code 2026, Section 432.4 (20, 0)
Frequently Asked Questions About Iowa § 432.4
What does Iowa Code § 432.4 cover?
Section 432.4 ("432.4 Deduction for debts.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 432.4?
A common citation format is "Iowa Code § 432.4" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 432.4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.