Digest: The Act changes how certain banks can invest money. The Act changes how public depositories compute their net worth. (Flesch Readability Score: 63.6).
Modifies the allowable investments for certain financial institutions.
Modifies the method of calculating the net worth of qualified depositories.

Statutes affected:
Introduced: 708A.115, 295.001
A-Engrossed: 708A.115, 295.001