Iowa Code § 533.506

Current through bills signed by governor as of 5/17/2024
Section 533.506 - Limitation of actions
1. All causes of action against a state credit union based upon a claim or claims inconsistent with an entry or entries in a state credit union record or ledger, made in the regular course of business, shall be deemed to have accrued, and shall accrue, one year after the date of such entry or entries.
2. An action founded upon such a cause shall not be brought after the expiration of ten years from the date of such accrual.

Iowa Code § 533.506

2007 Acts, ch 174, §73