Iowa Code § 12C.18
Condition of security
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2014
As of January 1, 2012
The condition of the surety bond or the deposit of securities, instruments, or a joint custody receipt, must be that the credit union will promptly pay to the parties entitled public funds, including any interest on the funds, in its custody upon lawful demand and, when required by law, pay the funds to the public officer who made the deposit.
The condition of the surety bond or the deposit of securities, instruments, or a joint custody receipt, must be that the credit union will promptly pay to the parties entitled public funds, including any interest on the funds, in its custody upon lawful demand and, when required by law, pay the funds to the public officer who made the deposit.
84 Acts, ch 1230, §22
84 Acts, ch 1230, §22
C85, §453.18
C85, §453.18
92 Acts, ch 1156, §34
92 Acts, ch 1156, §34
C93, §12C.18
C93, §12C.18
99 Acts, ch 117, §9, 15
99 Acts, ch 117, §9, 15
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.