533.322 Preservation of records. 1. The superintendent may adopt rules regarding the preservation of records and files of a state credit union or any other person supervised or regulated by the superintendent. A statecredit union is not required to preserve its records for a period longer than seven years afterthe first day of January of the year following the time of the making or filing of such records.However, account records showing unpaid balances due to depositors shall not be destroyed. 2. A copy of an original may be kept in lieu of any original records.a. For purposes of this section, a copy includes any duplicate, rerecording or reproduction of an original record from any photograph, photostat, microfilm, microcard, miniature ormicrophotograph, computer printout, electronically stored data or image, or other processthat accurately reproduces or forms a durable medium for accurately and legibly reproducingan unaltered image or reproduction of the original record. b. A copy is deemed to be an original and shall be treated as an original record in a judicial or administrative proceeding for purposes of admissibility in evidence. oduction of the original record. b. A copy is deemed to be an original and shall be treated as an original record in a judicial or administrative proceeding for purposes of admissibility in evidence. A facsimile,exemplification, or certified copy of any such copy reproduced from a film record is deemedto be a facsimile, exemplification, or certified copy of the original. 2007 Acts, ch 174, §53; 2011 Acts, ch 87, §3Referred to in §533.404 Sat Dec 23 01:33:25 2023 Iowa Code 2024, Section 533.322 (18, 0)
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