Clearing checks at par.

1. Law
2. Iowa Code
3. COMMERCE
4. BANKS
5. Clearing checks at par.

524.819 Clearing checks at par.

Checks drawn on a state bank shall be cleared at par by the state bank on which they are drawn. This section shall not be applicable where checks are received by a bank as special collection items.

[C46, 50, 54, 58, 62, 66, §528.63; C71, 73, 75, 77, 79, 81, §524.819]

Referred to in §524.1601

Download our app to see the most-to-date content.