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Can you summarize 187 IAAC Chapter 4?
Banking Division > STATE BANKING COUNCIL
Short Summary
The provided legal document content pertains to the state banking council, which is a statutory council composed of the superintendent and six other members. All members of the council are appointed by the governor. The terms of office for council members, excluding the superintendent, are four-year staggered terms. The council acts in an advisory capacity regarding matters related to the administration of the Iowa Banking Act. The council meets at least once each calendar quarter, generally at the office of the superintendent. The council may also meet at other times deemed necessary by the superintendent or a majority of the council members. A quorum for each meeting consists of four council members.
Whom does it apply to?
Members of the state banking council, including the superintendent
What does it govern?
The state banking council
What are exemptions?
No exemptions are mentioned
What are the Penalties?
No penalties are mentioned
Jurisdiction
Iowa