12C.13  Deposit not membership.

Notwithstanding chapter 534, the deposit of public funds in an association defined in section 533.1 or 534.102 does not constitute being a shareholder, stockholder, or owner of a corporation in violation of Article VIII of the Constitution of the State of Iowa or any other provision of law.

Section History: Recent form

  84 Acts, ch 1230, § 17

  C85, § 453.13

  C93, § 12C.13


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