Iowa Code § 524.816
Deposit account insurance
Redline — January 1, 2023 → current.View current text →
Current — January 1, 2024
As of January 1, 2023
A state bank organized under this chapter shall be an insured bank and shall acquire and maintain insurance from the federal deposit insurance corporation, or its successor, to protect each depositor against loss of funds held on account by the state bank to the extent the federal deposit insurance corporation insures such deposits.
A state bank organized under this chapter shall be an insured bank and shall acquire and maintain insurance from the federal deposit insurance corporation, or its successor, to protect each depositor against loss of funds held on account by the state bank to the extent the federal deposit insurance corporation insures such deposits.
84 Acts, ch 1196, §1; 91 Acts, ch 16, §1; 2022 Acts, ch 1062, §77
84 Acts, ch 1196, §1; 91 Acts, ch 16, §1; 2022 Acts, ch 1062, §77
Section stricken and rewritten
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.