524.1212 Location of satellite terminals.
Any state bank may utilize a satellite terminal, as defined in section 527.2, when that satellite terminal is lawfully being operated, at any location within this state. Any transaction engaged in through the use of a satellite terminal shall be deemed to take place at the principal place of business of a bank whose accounts and records are affected by the transaction.
[C77, 79, 81, §524.1212; 81 Acts, ch 173, §8]
2001 Acts, ch 4, §6, 11
Referred to in §524.1204