518A.26 - ARBITRATION.

        518A.26  ARBITRATION.         No recovery on a policy or contract of insurance shall be defeated      for failure of the insured to comply, after a loss occurs, with any      arbitration or appraisement stipulation as to fixing the value of      property.  No arbitration shall take place except substantially where      the property was situated at the time of loss.  Contracts of      insurance to indemnify against loss by hail to growing crops which      stipulate for arbitration shall provide that the decision of the      majority of the arbitrators shall be final only as to the      arbitration.  
         Section History: Early Form
         [C31, 35, § 9051-c1; C39, § 9051.1; C46, 50, 54, 58, 62, §      518.26; C66, 71, 73, 75, 77, 79, 81, § 518A.26]