Section 524.911 - Letters of credit.

IA Code § 524.911 (2019) (N/A)
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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.

[C71, 73, 75, 77, 79, 81, §524.911]

2016 Acts, ch 1011, §101