{"data":{"id":"us-ia/iowa-code-524.531","jurisdiction":"us-ia","citation":"Iowa Code § 524.531","heading":"Loaning on its own shares.","body":"A state bank shall not make any loan or extension of credit on the security of the shares of its own capital, unless such security is necessary to prevent loss upon a debt previously contracted in good faith.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 524 - BANKS","Subchapter V - SHARES, SHAREHOLDERS, AND DIVIDENDS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/524.531.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:14Z","sha256":"de5c9914fc5b6978d998215f180fc256f5a60fcbc2975d7f5f4f445fcafdbb29","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-524.530","next":"us-ia/iowa-code-524.532"},"notice":"GroundRules: Original legal text. Not legal advice."}
