546.3 Banking division.
1. The banking division shall regulate and supervise banks under chapter 524, debt management licensees under chapter 533A, money services under chapter 533C, delayed deposit services under chapter 533D, mortgage bankers and brokers under chapter 535B, regulated loan companies under chapter 536, industrial loan companies under chapter 536A, real estate appraisers under chapter 543D, and appraisal management companies under chapter 543E, and shall perform other duties assigned to the division by law. The division is headed by the superintendent of banking who is appointed pursuant to section 524.201. The state banking council shall render advice within the division when requested by the superintendent.
2. The banking division shall administer and manage the professional licensing and regulation bureau within the division. The division shall separately account for funds of the bureau. However, the division may allocate costs for administrative, technical, support, and other shared services across the entire division.
86 Acts, ch 1245, §703; 91 Acts, ch 63, §5; 2004 Acts, ch 1141, §32; 2006 Acts, ch 1177, §50; 2007 Acts, ch 88, §45; 2012 Acts, ch 1017, §151; 2016 Acts, ch 1124, §29, 32
Structure Iowa Code
Chapter 546 - DEPARTMENT OF COMMERCE
Section 546.2 - Department of commerce.
Section 546.3 - Banking division.
Section 546.4 - Credit union division.
Section 546.5 - Savings and loan division.
Section 546.7 - Utilities division.
Section 546.8 - Insurance division.
Section 546.9 - Alcoholic beverages division.
Section 546.10 - Professional licensing and regulation bureau — superintendent of banking.
Section 546.11 - Administrative services trust fund created.