Iowa Code § 524.911

Current through March 29, 2024

Section 524.911 - Letters of credit

A state bank shall have the power to issue, advise, and confirm letters of credit authorizing a beneficiary thereof to draw on or demand payment of the state bank or its correspondent banks.

Iowa Code § 524.911

2016 Acts, ch 1011, § 101

Amended by 2016 Iowa, ch 1011, s 101, eff. 7/1/2016.

C71, 73, 75, 77, 79, 81, §524.911 .