A state bank may not cause to be performed, by contract or otherwise any bank services, of a type referred to in section 524.804, for itself, whether on or off its premises, unless assurances satisfactory to the superintendent are furnished to the superintendent by both the state bank and the person performing such services that the performance thereof will be subject to supervision, regulation, and examination by the superintendent to the same extent as if such services were being performed by the state bank itself on its own premises.
[C71, 73, 75, 77, 79, 81, § 524.218; 81 Acts, ch 173, § 9]
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