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Code · Iowa · Chapter 524 — Banks

524.819 Clearing checks at par.

56 words·~1 min read·/ia/chapter-524-banks/524-819

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Checks drawn on a state bank shall be cleared at par by the state bank on which they are drawn. This section shall not be applicable where checks are received by a state bank as special collection items.
[C46, 50, 54, 58, 62, 66, §528.63; C71, 73, 75, 77, 79, 81, §524.819]
Referred to in §524.1601
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