Iowa Code 524.1206 – Identification of legally chartered name of bank — required use of name
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Terms Used In Iowa Code 524.1206
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
- 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
524.1206 Identification of legally chartered name of bank — required use of name.
A bank, at its locations in this state, shall identify its principal place of business, any
bank office, or any bank branch in a manner which includes its legally chartered name or a reasonable variation of such name. A bank doing business in this state electronically shall identify its legally chartered name in any online, mobile, or digital customer interface. The legally chartered name of the state bank, out-of-state bank, or national bank shall be used in all legal documents of such bank.
98 Acts, ch 1036, §3; 2022 Acts, ch 1062, §101
Referred to in §524.310
A bank, at its locations in this state, shall identify its principal place of business, any
bank office, or any bank branch in a manner which includes its legally chartered name or a reasonable variation of such name. A bank doing business in this state electronically shall identify its legally chartered name in any online, mobile, or digital customer interface. The legally chartered name of the state bank, out-of-state bank, or national bank shall be used in all legal documents of such bank.
98 Acts, ch 1036, §3; 2022 Acts, ch 1062, §101
Referred to in §524.310