Iowa § 524.105 Effect on existing banks

Iowa Statutes

§ 524.105 — Effect on existing banks

Iowa § 524.105

Title XIIICOMMERCE

Ch. 524BANKS

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Bluebook

Iowa Code § 524.105 (2026).

Text

1.The corporate existence of a state bank existing and operating on July 1, 1995, is not affected by the amendment of this chapter.

2.All state banks are subject to the provisions and requirements of this chapter in every particular, and all national banks, out-of-state banks, and federal savings associations, now or hereafter doing business in this state, are subject to the provisions of this chapter, to the extent applicable, from July 1, 2021.

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1. The corporate existence of a state bank existing and operating on July 1, 1995, is not
affected by the amendment of this chapter.
2. All state banks are subject to the provisions and requirements of this chapter in every
particular, and all national banks, out-of-state banks, and federal savings associations, now
or hereafter doing business in this state, are subject to the provisions of this chapter, to the
extent applicable, from July 1, 2021.