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Iowa Code § 524.316

State banks as mutual corporations

Iowa · Iowa Code Chapter 524 — Banks · Status: effective

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Iowa Code § 524.316, State banks as mutual corporations, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2268805
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The superintendent may adopt rules to ensure that a state bank incorporated as a mutual corporation is operating in a safe and sound manner and is subject to the superintendent’s authority in the same manner as a state bank incorporated as a stock corporation.