reglab/housing_qa huggingface dataset:
IA Code § 533.238 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.238 - Reserved.

533.238 Reserved. Reserved.
IA Code § 533.239 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.239 - Reserved.

533.239 Reserved. Reserved.
IA Code § 533.240 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.240 - Reserved.

533.240 Reserved. Reserved.
IA Code § 533.241 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.241 - Reserved.

533.241 Reserved. Reserved.
IA Code § 533.242 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.242 - Reserved.

533.242 Reserved. Reserved.
IA Code § 533.243 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.243 - Reserved.

533.243 Reserved. Reserved.
IA Code § 533.244 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.244 - Reserved.

533.244 Reserved. Reserved.
IA Code § 533.245 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.245 - Reserved.

533.245 Reserved. Reserved.
IA Code § 533.246 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.246 - Reserved.

533.246 Reserved. Reserved.
IA Code § 533.247 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.247 - Reserved.

533.247 Reserved. Reserved.
IA Code § 533.248 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.248 - Reserved.

533.248 Reserved. Reserved.
IA Code § 533.249 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.249 - Reserved.

533.249 Reserved. Reserved.
IA Code § 533.250 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.250 - Reserved.

533.250 Reserved. Reserved.
IA Code § 533.251 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.251 - Reserved.

533.251 Reserved. Reserved.
IA Code § 533.252 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.252 - Reserved.

533.252 Reserved. Reserved.
IA Code § 533.253 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.253 - Reserved.

533.253 Reserved. Reserved.
IA Code § 533.254 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.254 - Reserved.

533.254 Reserved. Reserved.
IA Code § 533.255 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.255 - Reserved.

533.255 Reserved. Reserved.
IA Code § 533.256 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.256 - Reserved.

533.256 Reserved. Reserved.
IA Code § 533.257 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.257 - Reserved.

533.257 Reserved. Reserved.
IA Code § 533.258 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.258 - Reserved.

533.258 Reserved. Reserved.
IA Code § 533.259 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.259 - Reserved.

533.259 Reserved. Reserved.
IA Code § 533.260 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.260 - Reserved.

533.260 Reserved. Reserved.
IA Code § 533.261 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.261 - Reserved.

533.261 Reserved. Reserved.
IA Code § 533.262 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.262 - Reserved.

533.262 Reserved. Reserved.
IA Code § 533.263 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.263 - Reserved.

533.263 Reserved. Reserved.
IA Code § 533.264 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.264 - Reserved.

533.264 Reserved. Reserved.
IA Code § 533.265 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.265 - Reserved.

533.265 Reserved. Reserved.
IA Code § 533.266 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.266 - Reserved.

533.266 Reserved. Reserved.
IA Code § 533.267 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.267 - Reserved.

533.267 Reserved. Reserved.
IA Code § 533.268 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.268 - Reserved.

533.268 Reserved. Reserved.
IA Code § 533.269 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.269 - Reserved.

533.269 Reserved. Reserved.
IA Code § 533.270 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.270 - Reserved.

533.270 Reserved. Reserved.
IA Code § 533.271 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.271 - Reserved.

533.271 Reserved. Reserved.
IA Code § 533.272 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.272 - Reserved.

533.272 Reserved. Reserved.
IA Code § 533.273 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.273 - Reserved.

533.273 Reserved. Reserved.
IA Code § 533.274 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.274 - Reserved.

533.274 Reserved. Reserved.
IA Code § 533.275 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.275 - Reserved.

533.275 Reserved. Reserved.
IA Code § 533.276 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.276 - Reserved.

533.276 Reserved. Reserved.
IA Code § 533.277 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.277 - Reserved.

533.277 Reserved. Reserved.
IA Code § 533.278 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.278 - Reserved.

533.278 Reserved. Reserved.
IA Code § 533.279 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.279 - Reserved.

533.279 Reserved. Reserved.
IA Code § 533.280 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.280 - Reserved.

533.280 Reserved. Reserved.
IA Code § 533.281 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.281 - Reserved.

533.281 Reserved. Reserved.
IA Code § 533.282 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.282 - Reserved.

533.282 Reserved. Reserved.
IA Code § 533.283 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.283 - Reserved.

533.283 Reserved. Reserved.
IA Code § 533.284 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.284 - Reserved.

533.284 Reserved. Reserved.
IA Code § 533.285 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.285 - Reserved.

533.285 Reserved. Reserved.
IA Code § 533.286 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.286 - Reserved.

533.286 Reserved. Reserved.
IA Code § 533.287 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.287 - Reserved.

533.287 Reserved. Reserved.
IA Code § 533.288 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.288 - Reserved.

533.288 Reserved. Reserved.
IA Code § 533.289 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.289 - Reserved.

533.289 Reserved. Reserved.
IA Code § 533.290 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.290 - Reserved.

533.290 Reserved. Reserved.
IA Code § 533.291 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.291 - Reserved.

533.291 Reserved. Reserved.
IA Code § 533.292 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.292 - Reserved.

533.292 Reserved. Reserved.
IA Code § 533.293 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.293 - Reserved.

533.293 Reserved. Reserved.
IA Code § 533.294 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.294 - Reserved.

533.294 Reserved. Reserved.
IA Code § 533.295 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.295 - Reserved.

533.295 Reserved. Reserved.
IA Code § 533.296 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.296 - Reserved.

533.296 Reserved. Reserved.
IA Code § 533.297 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.297 - Reserved.

533.297 Reserved. Reserved.
IA Code § 533.298 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.298 - Reserved.

533.298 Reserved. Reserved.
IA Code § 533.299 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.299 - Reserved.

533.299 Reserved. Reserved.
IA Code § 533.300 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.300 - Reserved.

533.300 Reserved. Reserved.
IA Code § 533.302 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.302 - Capital.

533.302 Capital.   1. The capital of a credit union shall consist of the payments that have been made to it by the several members thereof on shares. A credit union may charge an entrance fee as may be provided by the bylaws.   2. A credit union may establish an equity share having a par value not to exceed one hundred dollars which shall be a part of the capital of the credit union and shall not be withdrawn or transferred except upon expulsion or withdrawal from membership in the credit union, as provided in section 533.210.   3. At the option of the credit union, the equity share may earn a dividend and may be insured.  2007 Acts, ch 174, §33; 2012 Acts, ch 1020, §12  Referred to in §533.307
IA Code § 533.304 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.304 - Investment in certain shares or equity interests.

533.304 Investment in certain shares or equity interests.   1. For purposes of this section, unless the context otherwise requires:   a. “Equity interests” means limited partnership interests and other equity investments in which liability is limited to the amount of the investment, but does not mean general partnership interests or other interests involving general liability.   b. “Small business” means a corporation, partnership, proprietorship, or other entity formed under the laws of the United States, or a state, district, or territory of the United States, that meets the appropriate United States small business administration definition of small business and that is principally engaged in the development or exploitation of inventions, technological improvements, new processes, or other products not previously generally available in this state, or other investments which provide an economic benefit to this state.   c. “Venture capital fund” means a corporation, partnership, proprietorship, or other entity formed under the laws of the United States, or a state, district, or territory of the United States, whose principal business is or will be the making of investments in and the provision of significant managerial assistance to small businesses that meet the United States small business administration definition of small business.   2. A state credit union may invest in either of the following to the extent that the total investments under this section shall not be more than five percent of the state credit union’s assets:   a. Shares or equity interests in venture capital funds that agree to invest an amount equal to at least fifty percent of the state credit union’s investment in small businesses having their principal offices within this state and having either more than one-half of their assets within this state or more than one-half of their employees employed within this state.   b. Shares or equity interests in small businesses having their principal offices within this state and having either more than one-half of their assets within this state or more than one-half of their employees employed within this state. A state credit union shall not invest in more than twenty percent of the total capital and surplus of any one small business under this paragraph.  2007 Acts, ch 174, §35
IA Code § 533.305 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.305 - Investment in banks or savings banks — required findings.

533.305 Investment in banks or savings banks — required findings.   1. Investment in banks. A state credit union may, with the prior approval of the superintendent, invest in the capital stock, obligations, or other securities of a bank.   2. Investment in savings banks. A state credit union may, with the prior approval of the superintendent, invest in the capital stock, obligations, or other securities of a savings bank.   3. Findings required. The superintendent shall not grant an approval under subsection 1 or 2, unless the superintendent makes one of the following findings:   a. Based upon a preponderance of the evidence presented, the proposed investment will not have the immediate effect of significantly reducing competition between depository financial institutions located in the same community as the institution whose shares would be acquired.   b. Based upon a preponderance of the evidence presented, the proposed investment would have an anticompetitive effect as described in paragraph “a”, but other factors, specifically cited, outweigh the anticompetitive effect so that there would be a net public benefit as a result of the investment.   4. Competition preserved.   a. The subsequent liquidation of a bank or savings bank whose shares are acquired under this section shall not prevent the subsequent incorporation of another bank or savings bank in the same community.   b. The superintendent of banking shall not find the liquidation of a bank whose shares are acquired under this section to be grounds for disapproving the incorporation of another bank in the same community under section 524.305.  2007 Acts, ch 174, §36; 2012 Acts, ch 1017, §129
IA Code § 533.306 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.306 - Power to borrow.

533.306 Power to borrow.   A state credit union may borrow from any source in total a sum that shall not exceed fifty percent of the sum of its share and deposit account balances.  2007 Acts, ch 174, §37
IA Code § 533.307 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.307 - Account insurance.

533.307 Account insurance.   Except as provided in section 533.302, subsection 3, a credit union organized under this chapter, as a condition of maintaining its privilege of organization, shall acquire and maintain insurance to protect each shareholder and each depositor against loss of funds held on account by the credit union. The insurance shall be obtained from the national credit union administrator or from some other share guarantor or insurance plan approved by the Iowa commissioner of insurance and the superintendent, provided that each credit union shall acquire deposit insurance from the appropriate agency of the federal government.  2007 Acts, ch 174, §38; 2012 Acts, ch 1020, §13  Referred to in §533.102
IA Code § 533.308 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.308 - Fidelity bond and general insurance coverage.

533.308 Fidelity bond and general insurance coverage.   1. A state credit union shall maintain a fidelity bond for state credit union employees and officials in a sufficient amount to indemnify the state credit union against losses that may be incurred by reason of any act or acts of fraud, dishonesty, forgery, theft, larceny, embezzlement, wrongful abstraction, misapplication, misappropriation, or other unlawful act committed by the employee or official directly or through connivance with others, and general insurance coverage for losses caused by persons not associated with the state credit union.   a. The fidelity bond and general insurance coverage shall be obtained from a company authorized to do business in this state.   b. The superintendent may require additional coverage for a state credit union if, in the opinion of the superintendent, current coverage is insufficient. The board of directors of the state credit union shall obtain the additional coverage within thirty days after written notice from the superintendent.   2. The superintendent may furnish to any official of an insurance plan by which the accounts of a state credit union are insured or by which its employees and officials are bonded, any information relating to examinations, investigations, and reports of the status of that state credit union or its employees and officials for the purpose of facilitating the availability or continuation of the insurance or bond of the state credit union or resolution of a claim. The superintendent and the insurance company shall, whenever possible, execute a confidentiality agreement regarding the information provided by the superintendent that imposes standards of confidentiality comparable to those required by this chapter.   3. A state credit union may furnish to any official of an insurance plan by which the accounts of the state credit union are insured or by which its employees and officials are bonded, any information regarding transactions of the state credit union, examinations, investigations, or reports of the status of the state credit union or its employees and officials for the purpose of facilitating the availability or continuation of the insurance or bond of the state credit union or resolution of a claim. The state credit union and the insurance company shall, whenever possible, execute a confidentiality agreement regarding the information provided by the state credit union that imposes standards of confidentiality comparable to those required by this chapter.  2007 Acts, ch 174, §39; 2012 Acts, ch 1020, §14, 15  Referred to in §533.108, 533.325
IA Code § 533.309 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.309 - Share accounts.

533.309 Share accounts.   A state credit union may have share accounts including but not limited to the following types:   1. Ownership share account. The ownership share account shall consist of an account balance held by the state credit union in accordance with the state credit union’s bylaws. Each member may acquire only one ownership share. In the case of a joint account, the joint account owners may acquire only one ownership share unless each joint account owner applies for and is accepted as an individual member.   2. Joint accounts. A member may designate any person or persons to hold shares, deposits, and thrift club accounts with the member in joint tenancy with the right of survivorship, but such joint tenants shall not be permitted to cast more than one vote per ownership share jointly held in the state credit union. However, a joint tenant may have other rights of a jointly held ownership share, including the ability to obtain loans, or hold office or be required to pay an entrance fee. Payment of part or all of such joint accounts to any of the joint tenants shall, to the extent of such payment, discharge the liability to all.   3. Account for minors. Shares may be issued and deposits accepted in the name of a minor. Such shares and deposits may be withdrawn by the minor and payments made on such withdrawals shall be valid. A minor under sixteen years of age shall not be entitled to vote in the meetings of the members either personally or through the minor’s parent or guardian, and a minor shall not become a director until the minor reaches the minor’s eighteenth birthday.   4. Beneficiary account. If a member makes a deposit for the benefit of a person other than the depositor, the name and residence address of the beneficiary shall be disclosed and the account shall be kept in the name of the depositor, for the benefit of the beneficiary. The account balance may be withdrawn by the depositor or, upon the death of the depositor, by the beneficiary or the beneficiary’s legal representative.  2007 Acts, ch 174, §40; 2012 Acts, ch 1020, §16
IA Code § 533.310 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.310 - Deposits in the names of two or more individuals.

533.310 Deposits in the names of two or more individuals.   When a deposit is made in a state credit union in the names of two or more individuals that is payable to any one or more of them or is payable to the survivor or survivors, the deposit, including interest, or any part, may be paid to any one or more of the individuals, whether or not the others are living. The receipt or a quittance of the individuals who are paid is a valid and sufficient release and discharge of the state credit union for any payment made pursuant to this section.  2007 Acts, ch 174, §41
IA Code § 533.311 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.311 - Acceptance of deposits and investments while insolvent.

533.311 Acceptance of deposits and investments while insolvent.   When a state credit union is insolvent, the state credit union shall not do either of the following:   1. Accept any deposits or investments in ownership shares.   2. Renew or extend the term of any time deposits or time investments.  2007 Acts, ch 174, §42
IA Code § 533.312 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 533 - CREDIT UNIONS|Section 533.312 - Dividends and interest.

533.312 Dividends and interest.   1. The board of directors may declare dividends at such rates and upon such classes of shares as are determined by the board, at such intervals and for such periods as the board may authorize, and after provision for required reserves pursuant to section 533.303.   2. Dividends shall be considered a normal operating expense of the state credit union and shall be paid on all paid-up shares outstanding at the close of the period for which the dividend is declared and shall be available only from undivided earnings.   3. The superintendent may restrict or prohibit the payment of a dividend or interest when an impairment of capital exists.  2007 Acts, ch 174, §43