Upon recovery of a loss of public funds due to a failed Iowa financial institution, the treasurer of state may refund all or a portion of the recovered amount to the Iowa financial institutions that paid an assessment under this chapter as a result of that failure.
2000 Acts, ch 1232, §22, 40
Section takes effect May 23, 2000, and applies retroactively to refunds of assessments collected under chapter 12C on or after January 1, 2000; 2000 Acts, ch 1232, §40
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