Elkport was a city in Clayton County, Iowa, United States. The population was 88 at the 2000 census. The town was severely damaged by floods in May 2004. After the floods, all residents of the town chose federal buyout, selling their homes to the United States federal government for demolition. In September 2006, nearly all of the buildings of Elkport were demolished.

What is banking and finance law?

Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.