IOW LEG Bank Expedited Filing Services

Updated on: Apr 24, 2025

Latest Event


  • Apr. 2025 IOW LEG Governor Approval
  • On Apr. 18, 2025, IOW LEG reported governor approved bill, effective Jul. 1, 2025.

On Mar. 11, IOW LEG passed bill on filing services provided to banks.

  • IOW LEG passed bill SF 166 relating to bank utilization of State filing services.
  • Amends IOW LEG 524 by adding section 524.2002 on State secretary extra services.
  • Bill Provisions
  • Upon filer request, State secretary shall provide extra filing service, assess a surcharge
  • Permits banks to use preclearance, expedited filing services offered by State secretary.
  • Legislative History
  • On Jan. 30, 2025, bill was introduced in Senate; on Feb. 18, 2025, bill passed Senate.
  • On Feb. 20, 2025, bill was introduced in House; on Mar. 11, 2025, bill passed House.
  • Effectiveness
  • Iowa bills generally take effect on Jul. 1 following enactment.
  • Apr. 2025 IOW LEG Governor Approval
  • On Apr. 18, 2025, IOW LEG reported governor approved bill, effective Jul. 1, 2025.
Regulators
IOW LEG
Entity Types
Bank; BHC; CU; Thrift
Reference
Act, 4/18/2025; Bill SF166, 3/11/2025; Citation: IOW LEG 524;
Functions
Compliance; Financial; Legal; Operations; Reporting
Countries
United States of America
Category
State
N/A
Products
Banking
Rule Type
Final
Regions
Am
Rule Date
Mar 11, 2025
Effective Date
Jul 1, 2025
Rule ID
246609
Linked to
N/A
Reg. Last Update
Apr 18, 2025
Report Section
US Banking