Iowa Admin. Code r. 189-15.7 – Certificate of approval | Midpage
Rule 15.7
Iowa Admin. Code r. 189-15.7
Certificate of approval
Credit Union Division
189—15.7(533) Certificate of approval.
15.7(1) Within 60 days of the receipt of the application and all required exhibits the superintendent shall transmit in writing a decision granting or denying the application.
15.7(2) In the case of approval of the application the superintendent shall issue a Certificate of Approval for the foreign credit union to operate a branch office in the state of Iowa. Said certificate shall be suitable for framing and shall be displayed in the branch office.