Iowa Admin. Code r. 189-15.1

Current through Register Vol. 47, No. 8, October 30, 2024
Rule 189-15.1 - Definitions

The definition of terms included in Iowa Code section 17A.2 and 189-1.1 (533) shall apply to such terms used in this chapter In addition, as used in this chapter:

"Account insurance " means either the federal NCUA insurer or a state guaranty corporation which has been approved by the regulator who supervises the foreign credit union.

"Foreign credit union " means a credit union chartered by a state regulator other than the Iowa regulator

"Reciprocal state" means a state whose statute allows Iowa's state chartered credit unions to establish branch offices in that state.

Iowa Admin. Code r. 189-15.1