Iowa Code § 222.87

Current through March 29, 2024
Section 222.87 - Deposit in bank

The department shall deposit the patients' personal deposit fund in a commercial account of a bank of reputable standing. When deposits in the commercial account exceed average monthly withdrawals, the department may deposit the excess at interest. The savings account shall be in the name of the patients' personal deposit fund and interest paid on the account may be used for recreational purposes for the patients at the resource center .

Iowa Code § 222.87

2000 Acts, ch 1112, §51; 2023 Acts, ch 19, § 440

Amended by 2024 Iowa, ch Chapter 1161,s 178, eff. 5/15/2024.
Amended by 2023 Iowa, ch 19, s 440, eff. 7/1/2023.
C66, 71, 73, 75, 77, 79, 81, §222.872000 Acts, ch 1112, §51

Section amended