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Can you summarize IACO 524.1805?
BANKS > Restrictions on acquisitions and mergers.
Short Summary
An out-of-state bank or out-of-state bank holding company that is organized under laws other than those of this state is subject to and shall comply with the provisions of chapter 490, subchapter XV, relating to foreign corporations, and shall immediately provide the superintendent of banking with a copy of each filing submitted to the secretary of state under chapter 490, subchapter XV. [C73, 75, 77, 79, 81, 524.1805] 96 Acts, ch 1056, 19; 97 Acts, ch 50, 2; 2007 Acts, ch 88, 17; 2012 Acts, ch 1017, 120; 2016 Acts, ch 1011, 103; 2019 Acts, ch 24, 104; 2022 Acts, ch 1062, 143 Referred to in 524.1807 [ ()]Subsections 1 5 stricken and former subsection 6 redesignated as an unnumbered paragraph
Jurisdiction
Iowa