Nothing in this chapter shall apply to corporations organized under the general banking laws of this state or of the United States or any department or agency thereof, or to private banks of this state, or state chartered credit unions, or to the receipt of money by an incorporated telegraph company at any office or agency thereof for immediate transmission by telegraph. The Federal Home Loan Bank of Des Moines and federally chartered and state chartered savings and loan associations may sell checks, drafts, or money orders for single transaction transmission of money.
[C62, 66, 71, 73, 75, 77, 79, 81, § 533B.3]
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