Senate File 402 - EnrolledAn Actproviding for the good-faith submission of information,
records, applications, and documents to the credit union
division.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
   Section 1.  NEW SECTION.  533.510  Submissions to credit union
division — good faith requirement.
   Any information, record, application, or document provided
to the credit union division pursuant to this chapter shall
be provided in good faith. A director, officer, agent, or
employee of a state credit union, a credit union service
organization, or any other person shall not intentionally
publish, report, submit, file, or cause to be filed with the
division any information, record, application, or document
that is false or misleading by statement or omission. Any
information, record, application, or document provided to the
division in the absence of good faith or in violation of this
section is subject to revocation of prior approval or denial,
if applicable.
______________________________
CHARLES SCHNEIDERPresident of the Senate
______________________________
LINDA UPMEYERSpeaker of the House
   I hereby certify that this bill originated in the Senate and is known as Senate File 402, Eighty-eighth General Assembly.______________________________
W. CHARLES SMITHSONSecretary of the Senate
Approved _______________, 2019______________________________
KIM REYNOLDSGovernor
gh/rn