Iowa Code § 12C.13

Current through March 29, 2024

Section 12C.13 - Deposit not membership

Notwithstanding chapter 524, the deposit of public funds in a credit union as defined in section 533.102 or a mutual corporation as defined in section 524.103 does not constitute being a shareholder, stockholder, or owner of a corporation in violation of Article VIII of the Constitution of the State of Iowa or any other provision of law.

Iowa Code § 12C.13

84 Acts, ch 1230, §17 2007 Acts, ch 174, § 77; 2012 Acts, ch 1017, § 37

84 Acts, ch 1230, §17C85, §453.13 C93, §12C.13 2007 Acts, ch 174, §77; 2012 Acts, ch 1017, §37