533.114 Annual report of superintendent.
218 words·~1 min read·
/ia/chapter-533-credit-unions/533-114·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. The superintendent shall report annually to the governor in the manner and within the time required by chapter 7A. A copy of the report shall be furnished by the superintendent to each state credit union and to the Iowa credit union league and its affiliates.
2. In addition to the matters required by chapter 7A, the annual report of the superintendent shall contain all of the following:
a. A summary of applications approved or denied by the superintendent pursuant to this chapter since the last previous report.
b. A summary of the assets, liabilities, and capital structures of all state credit unions as of December 31 of the year for which the report is made.
c. A statement of the receipts and disbursements of funds of the superintendent during the fiscal year ending on June 30 of the year for which the report is made and of the funds on hand on that June 30.
d. Information that the administrator of the Iowa consumer credit code may require to be included.
e. A list of state credit unions that have been designated as serving predominantly low-income members pursuant to section 533.301, subsection 1.
f. Other information the superintendent deems appropriate and advisable to disclose in the discharge of the duties imposed upon the superintendent by this chapter.