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Iowa Code § 524.1611

Offenses involving employees of banking division

Known as the Iowa Banking Act

The act spans §§ 524–524 (225 sections).

[C71, 73, 75, 77, 79, 81, §524.1611] 2004 Acts, ch 1141, §31; 2023 Acts, ch 66, §136

1. Any person violating section 524.211, subsection 1, shall be guilty of a fraudulent practice, and shall be subject to a further fine of a sum equal to the amount of the value of the property given or received or the money so loaned or borrowed. An employee of the division of banking convicted of a violation of section 524.211, subsection 1, shall be immediately discharged from employment and shall be forever disqualified from holding any position in the banking division.

2. Any examiner violating section 524.212 shall be guilty of a serious misdemeanor. Any examiner convicted of a violation of section 524.212 shall be immediately discharged from employment and shall be forever disqualified from holding any position in the banking division.

Fraudulent practices, see §714.8 – 714.14

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.