Iowa Code § 524.613

Current through bills signed by governor as of 5/17/2024

Section 524.613 - Prohibitions applicable to certain financial transactions involving directors

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.

Iowa Code § 524.613

Amended by 2017 Iowa, ch 138,s 4, eff. 7/1/2017.

C31, 35, §9221-c3; C39, § 9221.3; C46, 50, 54, 58, 62, 66, § 528.10; C71, 73, 75, 77, 79, 81, § 524.613 95 Acts, ch 148, §69

Referred to in §524.1601, 524.1806