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Code · Iowa · Chapter 524 — Banks

524.1606 Fraudulent advertising or notice.

113 words·~1 min read·/ia/chapter-524-banks/524-1606

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A state bank shall not publish, disseminate, or distribute any advertising or notice containing any false, misleading, or deceptive statements concerning the rates, terms, or conditions on which loans are made or deposits are received, any charge which the state bank is authorized to impose pursuant to this chapter, or the financial condition of the state bank. Any officer or employee of a state bank who willfully violates the provisions of this section shall be guilty of a fraudulent practice.
[C97, §1859; C24, 27, 31, 35, 39, §9260; C46, 50, 54, 58, 62, 66, §526.44, 529.12; C71, 73, 75, 77, 79, 81, §524.1606]
Referred to in §524.1602
Fraudulent practices, see §714.8 – 714.14
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