Iowa Division of Credit Unions
Home
About the Credit Union
Board & Division
About Iowa Credit Unions
Credit Union Program Resources
Credit Union Information Portal
Regulatory Advisories
Reports & Publications
Laws & Regulations
Forms
Rates


Chapter 533: Iowa Credit Union Act


View Entire Iowa Code Chapter 533

Section Number Topic
Section 1 - Administration of Act
101 Title
102 Definitions
103 Credit Union Division Created
104 Superintendent
105 Deputy Superindendent
106 Employees
107 Credit Union Review Board
108 Records of the Credit Union Division
109 Insurance and Surety Bond
110 Reimbursement of Expenses
111 Expenses of the Credit Union Division
112 Annual Fees - Examination Fees - Delinquencies
113 Examinations
114 Annual Report of Superintendent
115 Reciprocity
116 Enforcement of Iowa Consumer Credit Code
117 Small Loans Legislation
Section 2 - Oraganization of Credit Unions
201 Organization
202 Common Bond - Membership - Ownership Share
203 Fiscal Year - Membership Meetings
204 Election of Board
205 Board of Directors - Duties
206 Meetings of the Board
207 Credit Committee
208 Auditing Committee
209 Conflicts of Interest
210 Expulsion or Withdrawal of Credit Union Member
211 Suspension or Restriction of Services
212 Use of Name "Credit Union" Requirements - Restrictions - Exceptions
213 Corporate Central Credit Union
214 Central Credit Union
Section 3 - Credit Union Operations
301 Powers
302 Capital
303 Reserves
304 Investment in Certain Shares or Equity Interest
305 Investment in Banks or Savings Banks - Required Findings
306 Power to Borrow
307 Account Insurance
308 Fidelity Bond and General Insurance Coverage
309 Share Accounts
310 Deposits in the Names of Two or More Individuals
311 Acceptance of Deposits and Investments While Insolvent
312 Dividends and Interest
313 Share Drafts
314 Payment of Share Drafts During Dissolution
315 Loans
316 Interest Rates
317 Authority to Lease Safe Deposit Boxes
318 Safe Deposit Box Access
319 Adverse Claims to Property in Safe Deposit and Safekeeping
320 Remedies and Proceedings for Nonpayment of Rent on Safe Deposit Box
321 Authority to Receive Property for Safekeeping
322 Preservation of Records
323 Photographic Records
324 Preservation of Records - Statute of Limitations
325 Confidentiality of State Credit Union Information
326 Governmental Employees
327 Change in Place of Business
328 Conducting Business Outside of State
329 Taxation
330 Reports
Section 4 - Merger, Conversion and Dissolution of Credit Unions
401 Merger
402 Conversion of Financial Institution to State Credit Union
403 Conversion of State Credit Union into Federal Credit Union
404 Dissolution Generally
405 Voluntary Dissolution
406 State Credit Union Merger, Conversion, or Dissolution
Section 5 - Supervisory Actions, Limitations, Penalties
501 Supervisory Action
502 Grounds for Management of State Credit Union by Superindendent
503 Superintendent as Receiver
504 Tender of Receivership to Insurance Plan
505 Subpoena - Contempt
506 Limitation of Action
507 False Statements for Credit - Fraudulent Practice
508 False Statements - Penalties
509 Penalty for Falsification
 


Contact Us l Disclaimers l Job Opportunities l Related Links l Home