524.219  Fees.

A state bank subject to examination, supervision, and regulation by the superintendent, shall pay to the superintendent fees, established by the state banking board, based on the costs and expenses incurred in the discharge of the duties imposed upon the superintendent by this chapter. The fees shall include, but are not limited to, costs and expenses for salaries, expenses and travel for employees, office facilities, supplies, and equipment.

The fees for examination of any affiliate of a state bank as provided for in section 524.1105, and the examinations provided for in section 524.217, subsection 1, paragraphs "c" and "d", shall be established by the state banking board, based on the time required for the examination and the administrative costs and expenses incurred in the discharge of the duties imposed upon the superintendent by this chapter. The fees shall include, but not be limited to, costs and expenses for salaries, expenses and travel for employees, office facilities, supplies, and equipment.

Upon completion of each examination required or allowed by this chapter, the examiner in charge of the examination shall render a bill for the fees, in duplicate, and shall deliver one copy of the bill to the state bank and one copy to the superintendent.

Failure to pay the amount of the fees to the superintendent within ten days after the date of billing shall subject the state bank to an additional charge equal to five percent of the amount of the fees for each day the payment is delinquent.

Section History: Early form

  [C97, § 1875, 1876, 1877; SS15, § 1875; C24, 27, 31, 35, 39, § 9143, 9150, 9237; C46, 50, 54, 58, 62, 66, § 524.15, 524.23, 528.31; C71, 73, 75, 77, 79, 81, § 524.219]

Section History: Recent form

  86 Acts, ch 1246, § 617; 95 Acts, ch 148, §17


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