Prohibitions applicable to certain financial transactions involving directors.

A director of a state bank shall not receive anything of value, other than compensation and expense reimbursement authorized by section 524.610 , for procuring, or attempting to procure, any loan or extension of credit, as defined in section 524.904 , to the state bank or for procuring, or attempting to procure, an investment by the state bank. [C31, 35, §9221-c3; C39, § 9221.3; C46, 50, 54, 58, 62, 66, §528.10; C71, 73, 75, 77, 79, 81, §524.613 ] 95 Acts, ch 148, §69 ; 2017 Acts, ch 138, §4 Referred to in §524.1601 , 524.1806