Iowa Code 524.1104 – Applicability of general loan limitations
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Terms Used In Iowa Code 524.1104
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
524.1104 Applicability of general loan limitations.
Any loan or extension of credit to an affiliate, and any investment in the shares, bonds,
capital securities or other obligations of an affiliate, excepted by the provisions of section
524.1102 from the requirements of that section, shall continue to be subject to the other provisions of this chapter applicable to loans or extensions of credit by a state bank and investments by a state bank in shares, bonds, capital securities, or other such obligations.
[C71, 73, 75, 77, 79, 81, §524.1104]
Referred to in §524.1602
Any loan or extension of credit to an affiliate, and any investment in the shares, bonds,
capital securities or other obligations of an affiliate, excepted by the provisions of section
524.1102 from the requirements of that section, shall continue to be subject to the other provisions of this chapter applicable to loans or extensions of credit by a state bank and investments by a state bank in shares, bonds, capital securities, or other such obligations.
[C71, 73, 75, 77, 79, 81, §524.1104]
Referred to in §524.1602