Iowa Admin. Code r. 181-1.3 - Duties of the department
The
(1)
Banking division. The
banking division regulates and supervises state banks, regulated loan
companies, industrial loan companies, mortgage bankers, mortgage brokers, real
estate closing agents, debt management companies, money services companies, and
delayed deposit service businesses and performs other duties assigned to it by
law.
(2)
Credit union
division. The credit union division regulates and supervises the
operation of credit unions within the state; the credit union review board
performs duties assigned to it by Iowa Code chapter 533.
(3)
Insurance division. The
insurance division regulates and supervises the conduct of the business of
insurance within the state and enforces the laws promulgated under Title XIII
of the Iowa Code and Iowa Code chapters 502, 502A, 505, 505A through 523A,
523C, 523D, and 523I. The division performs other duties assigned to it by
law.
Notes
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