Iowa Administrative Code
Agency 187 - Banking Division
Chapter 2 - Application Procedures
Rule 187-2.5 - Change of Location of Principal Place of Business or Bank Office

Universal Citation: IA Admin Code 187-2.5

Current through Register Vol. 47, No. 6, September 18, 2024

(1) Application. A state bank desiring to relocate its principal place of business or a bank office shall submit to the superintendent an "Application to Relocate the Principal Place of Business" or "Application to Relocate a Bank Office," which are available on the division's website or upon request.

(2) Investigation. The superintendent may conduct an investigation as deemed necessary.

(3) Decision. The superintendent shall approve or deny the application within 90 days after the application has been accepted for processing. The decision by the superintendent shall be conveyed in writing to the applicant. If the application is approved, the superintendent shall issue the appropriate authorizations for the conduct of business at the new location.

This rule is intended to implement Iowa Code section 524.312.

Disclaimer: These regulations may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.