reglab/housing_qa huggingface dataset:
IA Code § 533.190 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.190 - Reserved.

533.190 Reserved. Reserved.
IA Code § 533.191 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.191 - Reserved.

533.191 Reserved. Reserved.
IA Code § 533.192 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.192 - Reserved.

533.192 Reserved. Reserved.
IA Code § 533.193 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.193 - Reserved.

533.193 Reserved. Reserved.
IA Code § 533.194 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.194 - Reserved.

533.194 Reserved. Reserved.
IA Code § 533.195 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.195 - Reserved.

533.195 Reserved. Reserved.
IA Code § 533.196 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.196 - Reserved.

533.196 Reserved. Reserved.
IA Code § 533.197 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.197 - Reserved.

533.197 Reserved. Reserved.
IA Code § 533.198 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.198 - Reserved.

533.198 Reserved. Reserved.
IA Code § 533.199 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.199 - Reserved.

533.199 Reserved. Reserved.
IA Code § 533.200 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.200 - Reserved.

533.200 Reserved. Reserved.
IA Code § 533.201A (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.201A - Change in place of business.

533.201A Change in place of business.   1. A state credit union shall notify the superintendent of any change in its principal place of business within ten days of the change. A state credit union shall also file an application to relocate an office as provided by rule.   2. A state credit union changing its principal place of business shall review and amend its articles of incorporation, if necessary.  2016 Acts, ch 1030, §5
IA Code § 533.202 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.202 - Common bond — membership — ownership share.

533.202 Common bond — membership — ownership share.   1. a. State credit union organization shall be available to groups of individuals who have a common bond of association such as, but not limited to, occupation, common employer, or residence within specified geographic boundaries.   b. Changes in the common bond may be made by the board of directors.   2. a. The membership of a state credit union consists of those persons in the common bond who have subscribed to one ownership share and have complied with the other requirements specified by the articles of incorporation and bylaws.   b. Organizations, incorporated or otherwise, may be members.   c. Unless the state credit union’s bylaws state otherwise, once a person or organization becomes a member of a state credit union in accordance with this chapter, the person or organization may remain a member of that state credit union, and retain all membership privileges, until the person or organization chooses to withdraw from the membership of the state credit union, or is expelled pursuant to section 533.210.  2007 Acts, ch 174, §19
IA Code § 533.203 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.203 - Fiscal year — membership meetings — voting by membership — notice.

533.203 Fiscal year — membership meetings — voting by membership — notice.   1. The fiscal year of all state credit unions shall end December 31.   2. Annual meetings shall be held, and special meetings may be held, in the manner indicated in the bylaws.   a. A member shall have one vote regardless of the number of or class of shares held by the member.   b. There shall be no voting by proxy.   c. A member other than a natural person may cast a single vote through a delegated agent.   3. a. When a vote of the membership is required under the provisions of this chapter, the board of directors, by a favorable vote of the majority of the board, shall select one of the following methods for conducting that vote, unless a procedure for that vote is otherwise specified:   (1) The favorable vote of a majority of the members present at a meeting, if that number constitutes a quorum and if the proposed vote was contained in the notice of the meeting.   (2) By a majority vote of members voting by mailed or electronic ballot according to procedures specified by rule of the superintendent or as specified in the bylaws.   (3) A combination of procedures as specified in subparagraphs (1) and (2), according to procedures specified by rule of the superintendent or as specified in the bylaws.   b. Notice shall be given to members of the results of the vote. Ballots of members shall be preserved for at least sixty days after the results are tallied and notice given to members, and until any challenge is resolved.   4. Votes of the membership conducted in accordance with this chapter shall ensure that votes remain confidential and secret from all interested parties, and that each member is only allowed to vote once.   5. When notice to members is required under the provisions of this chapter, the board of directors may satisfy the notice requirement by sending the notice electronically to those members who have exercised an option to receive notices electronically.   6. Credit unions may send account statements and other communications electronically to those members who have exercised an option to receive communications electronically.  2007 Acts, ch 174, §20; 2012 Acts, ch 1020, §5  Referred to in §533.203A, 533.204, 533.208, 533.213, 533.401, 533.403, 533.405
IA Code § 533.203A (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.203A - Vote to modify, amend, or reverse act of board of directors — instruction to take action.

533.203A Vote to modify, amend, or reverse act of board of directors — instruction to take action.   1. The majority of members present at any meeting may vote to modify, amend, or reverse any act of the board of directors or instruct the board to take action not inconsistent with the articles, bylaws, or this chapter.   2. In order to be binding upon the board of directors, any action taken by the membership to modify, amend, or reverse an act of the board, or to instruct the board to take action, requires an affirmative vote of a majority of all eligible members obtained by submitting the modification, amendment, reversal, or instruction to the members for a vote, pursuant to the provisions of section 533.203.  2012 Acts, ch 1020, §6
IA Code § 533.204 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.204 - Election of board.

533.204 Election of board.   1. At the organizational meeting, and at each annual meeting after initial organization, a board of directors shall be elected to hold office. The board shall consist of at least seven members, but in every instance shall be composed of an odd number of directors. The directors shall serve staggered terms of three years, as the bylaws provide, so that an approximately equal number of terms expire at each annual meeting. A director shall serve until a successor is elected and qualified.   2. At each annual meeting, one member shall be elected to fill each position vacated by reason of an expiring term or other cause.   3. The board of directors shall allow members to vote on the election of directors according to the provisions of section 533.203.   4. A record of the names and addresses of the directors, officers, and committee persons shall be filed with the superintendent within ten days following each election or any other change in the directors, officers, or committee persons.  2007 Acts, ch 174, §21; 2011 Acts, ch 34, §123; 2012 Acts, ch 1020, §7
IA Code § 533.206 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.206 - Meetings of the board.

533.206 Meetings of the board.   Unless the bylaws provide otherwise, the board of directors may permit any and all directors to participate in all except one meeting per year of the board of directors through the use of any means of communication by which all directors participating in the meeting may simultaneously hear each other and communicate during the meeting. A director participating in a meeting by this means is deemed to be present at the meeting.  2007 Acts, ch 174, §23
IA Code § 533.207 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.207 - Credit committee.

533.207 Credit committee.   1. The credit committee shall have responsibility for the general supervision of all loans to members.   2. Applications for loans shall be on a form approved by the credit committee.   a. All applications shall set forth the purpose for which the loan is desired, the security, if any, offered, and such other data as may be required.   b. Within the meaning of this section, an assignment of shares or deposits or the endorsement of a note may be deemed security.   3. At least a majority of the members of the credit committee shall review and act on all loan applications and may grant approval, or the credit committee, with the prior approval of the board of directors, may grant one or more loan officers the power to approve or reject loans subject to written conditions and regulations adopted by the credit committee.   4. The credit committee shall meet as often as may be necessary after due notice to each committee member.  2007 Acts, ch 174, §24; 2011 Acts, ch 34, §125
IA Code § 533.208 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.208 - Auditing committee.

533.208 Auditing committee.   The auditing committee shall perform the following functions:   1. Make or cause to be made an examination of the affairs of the state credit union at least annually, including an audit of its financial records. If the auditing committee feels such action to be necessary, the auditing committee shall call the members together after the audit and submit to them its report.   2. Make or cause to be made an annual report and submit it at the annual meeting of the members.   3. Suspend by majority vote any officer, director, or member of the auditing committee if the auditing committee deems the action to be necessary to the proper conduct of the state credit union. The suspension shall be put to a vote of the membership, according to the provisions of section 533.203. The members may vote to sustain the suspension and remove the officer, director, or member permanently or may vote to reinstate the officer, director, or member.   4. Call a special meeting of state credit union members by majority vote to consider a matter to be submitted by the auditing committee.  2007 Acts, ch 174, §25; 2012 Acts, ch 1020, §9
IA Code § 533.209 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.209 - Conflicts of interest.

533.209 Conflicts of interest.   1. A director, committee member, officer, or employee of a state credit union shall not directly or indirectly participate in either the deliberation upon or the determination of any matter in which the director, committee member, officer, or employee has a direct or indirect interest.   2. For the purposes of this section, an “interest” may include, but is not limited to, a pecuniary or familial interest.  2007 Acts, ch 174, §26
IA Code § 533.209A (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.209A - Prohibited relationships.

533.209A Prohibited relationships.   A director shall not be related by consanguinity or affinity within the third degree to any person employed by a state credit union in a senior management position. For purposes of this section, “senior management position” includes a state credit union’s chief executive officer, president, or manager; assistant chief executive officer, assistant president, vice president, or assistant manager; or chief financial officer or treasurer.  2014 Acts, ch 1011, §1
IA Code § 533.210 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.210 - Expulsion or withdrawal of credit union member.

533.210 Expulsion or withdrawal of credit union member.   1. The board of directors may expel any member of a state credit union who has failed to do either of the following:   a. Carry out the member’s obligations to the state credit union.   b. Comply with the state credit union’s bylaws or policies.   2. A member of a state credit union may be expelled by a majority vote of the board of directors at a regular or special meeting of the board.   a. An expelled member may request a hearing before the membership of the state credit union, which shall be held within sixty days of an expelled member’s request.   b. At the hearing, the membership may reinstate the expelled member by majority vote, upon terms and conditions prescribed at the hearing.   3. Any member may withdraw from the state credit union at any time, but advance notice of withdrawal of shares or deposits may be required as provided in this section.   4. After deducting all amounts due from the member to the state credit union and the amount necessary to honor outstanding share drafts drawn against accounts of the member, all amounts paid on shares or as deposits of an expelled or withdrawn member, along with accrued dividends and interest to the date of expulsion or withdrawal, shall be paid to that member.   5. Upon expulsion or withdrawal of a member from a state credit union, or at any other time, the state credit union may require sixty days’ notice of intention to withdraw shares and thirty days’ notice of intention to withdraw deposits, except that a state credit union shall not at any time require notice of withdrawal with respect to funds that are subject to withdrawal by share drafts.   6. Expelled or withdrawn members shall have no further rights in the state credit union. However, expelled or withdrawn members shall not be released from any remaining liability to the state credit union because of the expulsion or withdrawal.  2007 Acts, ch 174, §27; 2012 Acts, ch 1020, §10  Referred to in §533.202, 533.302
IA Code § 533.211 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.211 - Suspension or restriction of services.

533.211 Suspension or restriction of services.   1. A state credit union may suspend or deny certain services to members who have done any of the following:   a. Caused a loss to the state credit union.   b. Violated the membership agreement or any policy adopted by the board.   c. Been physically or verbally abusive to state credit union members or staff.   2. Members with suspended services may maintain a share account and continue to vote at annual and special meetings.  2007 Acts, ch 174, §28
IA Code § 533.212 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.212 - Use of name “credit union” requirements — restrictions — exceptions.

533.212 Use of name “credit union” requirements — restrictions — exceptions.   1. a. A state credit union organized in accordance with this chapter shall include the words “credit union” in its name.   b. All state credit union offices shall be identified by use of the state credit union’s full name.   c. The full name of a state credit union shall be used in all legal documents of the state credit union.   2. a. A person other than a credit union shall not use a name or title containing the words “credit union”, or any derivation, and shall not represent in advertising or otherwise that the person is conducting business as a credit union, except as provided in subsection 3.   b. A person who violates paragraph “a” may be enjoined from the use of words, advertising, or other representation prohibited by paragraph “a”.   3. The prohibitions contained in subsection 2 do not apply to any of the following entities:   a. A credit union organized under this chapter or the laws of another state.   b. A credit union organized under the Federal Credit Union Act, 12 U.S.C. §1751 et seq.   c. The Iowa credit union league, a chapter, affiliate, or subsidiary of the Iowa credit union league or a political action committee formed pursuant to the Federal Election Campaign Act, 2 U.S.C. §431 et seq., or chapter 68A by the Iowa credit union league or by credit unions organized under this chapter or federal law.   d. A joint service center operated by two or more credit unions where credit union services are made available to credit union members.   e. An organization formed for educational purposes in association with an accredited elementary or secondary school that engages in receipt of deposits of no more than twenty dollars per depositor and uses the words “educational credit union” in its name. An educational credit union must be affiliated with a state credit union organized under this chapter. Notwithstanding this recognition given to an educational credit union, an educational credit union is not a state credit union within the scope or regulation of this chapter.   4. A credit union organized in accordance with this chapter shall not include the name of any public university located in the state in its name. For purposes of this subsection, “public university located in the state” shall mean the state university of Iowa, the Iowa state university of science and technology, and the university of northern Iowa.  2007 Acts, ch 174, §29; 2018 Acts, ch 1172, §82, 86
IA Code § 533.213 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.213 - Corporate central credit union.

533.213 Corporate central credit union.   1. A corporate central credit union may be established.   a. Credit unions organized under this chapter, the Federal Credit Union Act, 12 U.S.C. §1751 et seq., or any other credit union act and credit union organizations may be members.   b. Regulated financial institutions, nonprofit organizations, and cooperative organizations may also be members to the extent and manner provided for in the bylaws of the corporate central credit union.   2. A corporate central credit union shall not be required to transfer to its legal reserve more than five percent of its net income for the year.   3. A corporate central credit union shall have all the powers, restrictions, and obligations imposed upon or granted to a state credit union under this chapter, except that the corporate central credit union may also exercise any of the following additional powers subject to the adoption of rules by the superintendent and with the prior written approval of the superintendent:   a. Borrow any amount from any source.   b. Invest in or purchase obligations or securities or other designated investments to the same extent authorized for other supervised financial institutions.   c. Invest in or acquire shares, stocks, or other obligations of an organization providing services that are associated with the operations of credit unions. However, the aggregate amount invested pursuant to this paragraph shall not exceed fifty percent of the total of all reserves and undivided earnings of the corporate central credit union.   d. Buy or sell investment securities and corporate bonds that are evidences of indebtedness. However, the purchase or sale is limited to marketable obligations of a corporation or state or federal agency issued without recourse.   e. Establish one or more capital accounts in the same manner as if it were a federal credit union.   f. Sell all or part of its assets to another corporate central credit union and assume the liabilities of a selling corporate central credit union if the action is pursuant to a plan agreed upon by a majority of the board of directors and, in the case of the sale of all of its assets, the affirmative vote of a majority of its members according to the provisions of section 533.203.   g. Invest in the shares or deposits of another similarly organized corporate central credit union, or central liquidity facility.   h. Make other investments approved by the superintendent.  2007 Acts, ch 174, §30; 2012 Acts, ch 1020, §11; 2013 Acts, ch 90, §163  Referred to in §12C.16, 12C.17
IA Code § 533.214 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.214 - Central credit unions.

533.214 Central credit unions.   Credit unions known as central credit unions may exist for the purpose of serving directors, officers, and employees of credit unions, members of dissolved and existing credit unions, credit unions, employee groups as described in section 533.301, subsection 13, and such other persons as the superintendent approves.  2007 Acts, ch 174, §31; 2008 Acts, ch 1031, §57
IA Code § 533.215 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.215 - Reserved.

533.215 Reserved. Reserved.
IA Code § 533.216 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.216 - Reserved.

533.216 Reserved. Reserved.
IA Code § 533.217 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.217 - Reserved.

533.217 Reserved. Reserved.
IA Code § 533.218 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.218 - Reserved.

533.218 Reserved. Reserved.
IA Code § 533.219 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.219 - Reserved.

533.219 Reserved. Reserved.
IA Code § 533.220 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.220 - Reserved.

533.220 Reserved. Reserved.
IA Code § 533.221 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.221 - Reserved.

533.221 Reserved. Reserved.
IA Code § 533.222 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.222 - Reserved.

533.222 Reserved. Reserved.
IA Code § 533.223 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.223 - Reserved.

533.223 Reserved. Reserved.
IA Code § 533.224 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.224 - Reserved.

533.224 Reserved. Reserved.
IA Code § 533.225 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.225 - Reserved.

533.225 Reserved. Reserved.
IA Code § 533.226 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.226 - Reserved.

533.226 Reserved. Reserved.
IA Code § 533.227 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.227 - Reserved.

533.227 Reserved. Reserved.
IA Code § 533.228 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.228 - Reserved.

533.228 Reserved. Reserved.
IA Code § 533.229 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.229 - Reserved.

533.229 Reserved. Reserved.
IA Code § 533.230 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.230 - Reserved.

533.230 Reserved. Reserved.
IA Code § 533.231 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.231 - Reserved.

533.231 Reserved. Reserved.
IA Code § 533.232 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.232 - Reserved.

533.232 Reserved. Reserved.
IA Code § 533.233 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.233 - Reserved.

533.233 Reserved. Reserved.
IA Code § 533.234 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.234 - Reserved.

533.234 Reserved. Reserved.
IA Code § 533.235 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.235 - Reserved.

533.235 Reserved. Reserved.
IA Code § 533.236 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.236 - Reserved.

533.236 Reserved. Reserved.
IA Code § 533.237 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.237 - Reserved.

533.237 Reserved. Reserved.