2023 Iowa Code 524.613 – Prohibitions applicable to certain financial transactions involving directors
Current as of: 2023 | Check for updates
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A director of a state bank shall not receive anything of value, other than compensation and expense reimbursement authorized by section 524.610, for procuring, or attempting to procure, any loan or extension of credit, as defined in section 524.904, to the state bank or for procuring, or attempting to procure, an investment by the state bank.