A local government shall not require a pledge of collateral for that portion of the local government's deposits in a credit union that is covered by insurance of a federal agency or instrumentality.
84 Acts, ch 1230, § 19
C85, § 453.15
92 Acts, ch 1156, § 24
C93, § 12C.15
99 Acts, ch 117, § 6, 15
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