Iowa Code (Last Updated: December 05, 2016)

Section 524.316. State banks as mutual corporations.

Latest version.

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

                    
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