In any case in which any kind of insurance is required by the state bank as a condition for lending money or in connection with any other transaction, the customer shall be free to obtain such insurance from a source of the customer's selection. In the case of a sale of shares of stock, bonds or other securities or real property by an officer or employee which is authorized by the board of directors of a state bank in the manner provided for in subsection 3 of section 524.710, the purchaser shall be free to obtain any loan for the purchase thereof from a lender of the purchaser's selection.
[C71, 73, 75, 77, 79, 81, § 524.912]
Iowa General Assembly
Search: Iowa Code 1997
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