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§ 533.506 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 533.506

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533.506 Limitation of actions. 1. All causes of action against a state credit union based upon a claim or claims inconsistent with an entry or entries in a state credit union record or ledger, made in theregular course of business, shall be deemed to have accrued, and shall accrue, one year afterthe date of such entry or entries. 2. An action founded upon such a cause shall not be brought after the expiration of ten years from the date of such accrual. 2007 Acts, ch 174, §73 Sat Dec 23 01:36:17 2023 Iowa Code 2024, Section 533.506 (18, 0)