Iowa Statutes
§ 524.613 — Prohibitions applicable to certain financial transactions involving directors
Iowa § 524.613
This text of Iowa § 524.613 (Prohibitions applicable to certain financial transactions involving directors) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 524.613 (2026).
Text
A director of a state bank shall not receive anything of value, other than compensation
and expense reimbursement authorized by section 524.610, for procuring, or attempting to
procure, any loan or extension of credit, as defined in section 524.904, to the state bank or
for procuring, or attempting to procure, an investment by the state bank.
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Related
Adam v. Mt. Pleasant Bank & Trust Co.
387 N.W.2d 771 (Supreme Court of Iowa, 1986)
Legislative History
[C31, 35, §9221-c3; C39, §9221.3; C46, 50, 54, 58, 62, 66, §528.10; C71, 73, 75, 77, 79, 81,
§524.613]
Nearby Sections
15
§ 524.1000
Reserved§ 524.1001
Power to act as fiduciary§ 524.1003
Removal of fiduciary powers§ 524.1005A
Nonresident corporate fiduciaries§ 524.101
Short title§ 524.1010
Reserved§ 524.1011
Reserved§ 524.1012
ReservedCite This Page — Counsel Stack
Bluebook (online)
Iowa § 524.613, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/524.613.