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2014 Iowa Code
TITLE XIII - COMMERCE
SUBTITLE 2 - FINANCIAL INSTITUTIONS
CHAPTER 524 - BANKS
SECTION 524.316 - State banks as mutual corporations.


IA Code § 524.316 (2014) What's This?

524.316  State banks as mutual corporations.

The superintendent may adopt rules to ensure that a state bank incorporated as a mutual corporation is operating in a safe and sound manner and is subject to the superintendent’s authority in the same manner as a state bank incorporated as a stock corporation.

2012 Acts, ch 1017, §6, 18

DIVISION IV CAPITAL STRUCTURE

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