Iowa § 12C.27 - 12C.27 Failure to maintain required collateral.
Full text of Iowa Iowa Code § 12C.27 — 12C.27 Failure to maintain required collateral., with citation guidance and answers to common questions.
§ 12C.27. 12C.27 Failure to maintain required collateral.
If the treasurer of state determines that a bank fails to comply with section 12C.22, subsections 2 and 3, the treasurer of state may restrict that bank from accepting uninsured public funds and shall notify the office of thrift supervision, the office of the comptroller of the currency, or the superintendent as applicable, who may take such action against the bank, its board of directors and officers as permitted by law. 2002 Acts, ch 1096, §13, 17; 2003 Acts, ch 179, §93 Wed Dec 10 21:59:05 2025 Iowa Code 2026, Section 12C.27 (23, 1)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 12C.27
What does Iowa Code § 12C.27 cover?
Section 12C.27 ("12C.27 Failure to maintain required collateral.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 12C.27?
A common citation format is "Iowa Code § 12C.27" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 12C.27 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.