Iowa Administrative Code Agency 189 - Credit Union Division
Here’s an enhanced outline and overview of Iowa Administrative Code – Agency 189: Credit Union Division, as seen in the official Code:
📘 Overview of Agency 189 – Credit Union Division (as of June 25, 2025)
Chapters and Scope
The Code is organized into 25 chapters governing various credit union matters:
Chapter 1 – Description of organization
Chapter 2 – Organization, chartering & field of membership
Chapter 3 – Conversion to other charter types
Chapter 4 – Procedure for adoption of rules
Chapter 5 – Debt cancellation products
Chapter 6 – Branch offices
Chapter 7 – Low‑income designated credit union
Chapter 8 – Accounts
Chapter 9 – Real estate lending
Chapter 10 – Corporate central credit union
Chapter 11 – Insolvency
Chapter 12 – Votes of the membership
Chapter 13 – Powers of superintendent in control
Chapter 14 – Examination, reviews & investigations
Chapter 15 – Foreign credit union branch offices
Chapter 16 – Mergers
Chapter 17 – Investments and deposits
Chapter 18 – Allowance for loan and lease losses
Chapter 19 – Reserved
Chapter 20 – Petitions for rule making
Chapter 21 – Declaratory orders
Chapter 22 – Contested cases
Chapter 23 – Uniform waiver rules
Chapter 24 – Electronic funds transfer
Chapter 25 – Public records & fair information practices (law.cornell.edu, casetext.com)
🔍 Selected Highlights from Key Chapters
Chapter 2 outlines definitions, chartering process, field of membership requirements, board standards, naming, applicant appeals, etc.
Chapter 4, Rule 189‑4.17 requires the Division to compile a written report summarizing rule review findings. (casetext.com)
Chapter 5, Rule 189‑5.10 specifies disclosure requirements for debt cancellation products. (casetext.com)
Chapter 13 gives the superintendent authority to assume control of a credit union and outlines surrender-of-control procedures. (regulations.justia.com)
📎 Where to Find the Full Text
Iowa Legislature site (updates as of June 25, 2025): includes current PDF versions and chapter listings.
Cornell's LII database: displays chapter summaries and rule listings, though may lag behind official updates. (law.cornell.edu)
Justia and Casetext offer browsable versions of individual chapters and rules. (regulations.justia.com)
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