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 transactionengaged in through the use of a satellite terminal shall be deemed to take place at theprincipal place of business of a bank whose accounts and records are affected by thetransaction. [C77, 79, 81, §524.1212; 81 Acts, ch 173, §8]2001 Acts, ch 4, §6, 11Referred to in §524.1204 Sat Dec 23 01:21:58 2023 Iowa Code 2024, Section 524.1212 (22, 0)
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