Iowa HSB95 mandates state banks to have a board of directors with at least three Iowa residents and citizens, and requires nine regular meetings.

Iowa HSB95 modifies the requirements for the board of directors of a state bank. The board must consist of five or more directors, all at least 18 years old, with at least three being residents of Iowa and U.S. citizens. The bill also mandates that the board hold at least nine regular meetings each year, with at least one meeting in each quarter. Directors can participate in meetings via any means of communication that allows simultaneous interaction.

Iowa HSB95 mandates state banks to have a board of directors with at least three Iowa residents and citizens, and requires nine regular meetings.

Iowa HSB95 modifies the requirements for the board of directors of a state bank. The board must consist of five or more directors, all at least 18 years old, with at least three being residents of Iowa and U.S. citizens. The bill also mandates that the board hold at least nine regular meetings each year, with at least one meeting in each quarter. Directors can participate in meetings via any means of communication that allows simultaneous interaction.