Iowa Statutes

§ 533.504 — Tender of receivership to insurance plan

Iowa § 533.504
JurisdictionIowa
Title XIIICOMMERCE
Ch. 533CREDIT UNIONS

This text of Iowa § 533.504 (Tender of receivership to insurance plan) 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 § 533.504 (2026).

Text

1.
a.The superintendent may tender to the administrator of an account insurance plan approved under this chapter the appointment as receiver for an insured state credit union.
b.If the insurance plan administrator accepts the appointment as receiver, the rights of the members and other creditors of the insured state credit union shall be determined in accordance with the laws of this state and the insurance plan administrator shall comply with all applicable provisions of this chapter.
2.The administrator of an account insurance plan as receiver shall possess the powers, rights, and privileges given to the superintendent as provided by law.
3.If the administrator of an account insurance plan pays or makes available for payment the insured liabilities of a state credit union, the admin

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Bluebook (online)
Iowa § 533.504, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/533.504.