If a state credit union has an office and conducts business in another state having laws or regulations allowing credit unions to exercise additional powers, the state credit union may request permission from the superintendent to exercise such additional powers while operating in the other state with only the resident members of that other state.
Iowa Code § 533.115A
Conducting business outside of state
Known as the Iowa Credit Union Act
The act spans §§ 533–533 (83 sections).
2016 Acts, ch 1030, §4
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.