Esheria Regulatory Atlas

Banking and finance in United States — Iowa

Financial services, banking, payments, credit, securities, and regulated finance. Every result links to its stored legal text and available official source evidence.

710 matching statutes

• United States — Iowa

  Iowa Code § 554.12104 - Funds transfer — definitions

  1 provisions

  This article defines key funds-transfer terms such as “funds transfer,” “intermediary bank,” “originator,” and “originator’s bank.”

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• United States — Iowa

  Iowa Code § 524.802 - Additional powers of a state bank

  1 provisions

  A state bank has a broad set of powers, including becoming insured, joining federal banking systems and associations, acting as an agent, buying and selling currency and bullion, forming subsidiaries, and financing certain wind energy facilities, subject to stated approvals and limits.

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• United States — Iowa

  Iowa Code § 554.12405 - Payment by beneficiary’s bank to beneficiary

  1 provisions

  This section says when a beneficiary’s bank’s payment obligation is treated as paid, and in some cases a provisional payment can be refunded and an acceptance can be nullified.

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• United States — Iowa

  Iowa Code § 554.4216 - Insolvency and preference

  1 provisions

  If a closed bank holds an item that has not been finally paid, the receiver, trustee, or agent must return it to the presenting bank or the customer. In some insolvency cases, the item’s owner also has a preferred claim.

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• United States — Iowa

  Iowa Code § 554.12209 - Acceptance of payment order

  1 provisions

  Banks accept payment orders at specific times, and a bank may have to pay interest after a late rejection notice.

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• United States — Iowa

  Iowa Code § 554.4205 - Depositary bank holder of unendorsed item

  1 provisions

  If a customer gives an item to a depositary bank for collection, the bank becomes a holder when it receives the item if the customer was already a holder, even without endorsement, and the bank must warrant payment or deposit of the item amount to certain parties.

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• United States — Iowa

  Iowa Code § 524.1206 - Identification of legally chartered name of bank — required use of name

  1 provisions

  Banks must display their legally chartered name, or a reasonable variation, at Iowa locations, on electronic customer interfaces, and in legal documents.

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• United States — Iowa

  Iowa Code § 524.103 - Definitions

  1 provisions

  This provision defines many terms used in the chapter, such as account, administrator, control, and insolvent.

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• United States — Iowa

  Iowa Code § 554.4303 - When items subject to notice, stop-payment order, legal process, or setoff — order in which items may be charged or certified

  1 provisions

  A payor bank may handle items in any order, but late notice, legal process, stop-payment orders, or setoff do not stop or change its right or duty to pay or charge the customer’s account once the stated timing conditions are met.

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• United States — Iowa

  Iowa Code § 554.4302 - Payor bank’s responsibility for late return of item

  1 provisions

  A payor bank can be liable for the amount of a presented item if it misses the stated deadlines to pay, return, or give notice.

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• United States — Iowa

  Iowa Code § 524.803 - Business property of state bank

  1 provisions

  A state bank may acquire and hold certain property and shares, but some acquisitions need prior approval from the superintendent.

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• United States — Iowa

  Iowa Code § 554.12207 - Misdescription of beneficiary

  1 provisions

  Rules on mistaken beneficiary identification in payment orders: banks may rely on the account number in some cases, and certain parties may recover or must pay when the name and number conflict.

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