Iowa Code § 524.1212

Current through March 29, 2024
Section 524.1212 - Location of satellite terminals

Any state bank may utilize a satellite terminal, as defined in section 527.2, when that satellite terminal is lawfully being operated, at any location within this state. Any transaction engaged in through the use of a satellite terminal shall be deemed to take place at the principal place of business of a bank whose accounts and records are affected by the transaction.

Iowa Code § 524.1212

2001 Acts, ch 4, §6, 11

C77, 79, 81, §524.1212; 81 Acts, ch 173, §82001 Acts, ch 4, §6, 11

Referred to in §524.1204