Iowa Code § 524.1420

Current through bills signed by governor as of 5/17/2024
Section 524.1420 - Nonconforming assets of resulting state bank

If a merger or conversion results in a state bank subject to the provisions of this chapter, and the resulting state bank has assets which do not conform with the provisions of this chapter, the superintendent may allow the resulting state bank a reasonable time to conform with state law.

Iowa Code § 524.1420

C54, 58, 62, 66, § 528B.11; C71, 73, 75, 77, 79, 81, § 524.1420 95 Acts, ch 148, §126