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Iowa Code § 533.211

Suspension or restriction of services

Known as the Iowa Credit Union Act

The act spans §§ 533–533 (83 sections).

2007 Acts, ch 174, §28

1. A state credit union may suspend or deny certain services to members who have done any of the following:

a. Caused a loss to the state credit union.

b. Violated the membership agreement or any policy adopted by the board.

c. Been physically or verbally abusive to state credit union members or staff.

2. Members with suspended services may maintain a share account and continue to vote at annual and special meetings.

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