Skip to main content
Find a Lawyer

Iowa Code Title XIII. Commerce [Chs. 505-554D] § 533C.902. Financial services licensing fund

Current as of January 01, 2024 | Updated by Findlaw Staff

<Text of section 533C.902 as amended by Acts 2023 (90 G.A.) ch. 19, S.F. 514, § 2750, effective July 1, 2023; See also repeal of section 533C.902 by Acts 2023 (90 G.A.) ch. 83, H.F. 675, § 36, effective July 1, 2023.><[Text subject to final changes by the Iowa Code Editor for Code 2024.]>

1. A financial services licensing fund is created as a separate fund in the state treasury under the authority of the banking division of the department of insurance and financial services. Moneys deposited in the fund shall be used to pay for staffing necessary to perform examinations, audits, and other duties required of the superintendent and the banking division under this chapter.

2. The fund shall receive moneys including, but not limited to, any fees, costs, expenses, or penalties collected pursuant to this chapter.

3. Notwithstanding section 8.33, moneys appropriated to the fund and other moneys credited to the fund shall not revert at the close of the fiscal year but shall remain in the financial services licensing fund and shall remain available for expenditure for the purposes designated.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Iowa Code Title XIII. Commerce [Chs. 505-554D] § 533C.902. Financial services licensing fund - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xiii-commerce-chs-505-554d/ia-code-sect-533c-902/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard