§ 524.214 — Subpoena — contempt

Iowa § 524.214

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 524: BANKS

Text

1. The superintendent and, upon the approval of the superintendent, any examiner or
other employees of the banking division shall have the power to subpoena witnesses, to
compel their attendance, to administer an oath, to examine any person under oath and to
require the production of any relevant books or papers. Such examination may be conducted
on any subject relating to the duties imposed upon, or powers vested in, the superintendent
under the provisions of this chapter or any other chapter administered by the superintendent.
2. Whenever any person subpoenaed pursuant to subsection 1 of this section neglects
or refuses to obey the terms of such subpoena, to produce books or papers or to give
testimony, as required, the superintendent may apply to the district court of Polk county for
the enforcement of such subpoena or the issuance of an order compelling such compliance
as the court may direct.
3. The refusal of any person to obey an order of the district court, issued pursuant to
subsection 2 of this section, without reasonable cause, shall be considered a contempt of that
court.

Legislative History

[C97, §1877; S13, §1871; C24, 27, 31, 35, 39, §9226, 9236; C46, 50, 54, 58, 62, 66, §528.20, 528.30; C71, 73, 75, 77, 79, 81, §524.214]