Iowa Code § 524.307
Initial organization of state bank
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2024
As of January 1, 2012
Upon incorporation, or organization as a limited liability company, of the state bank, the initial board of directors shall hold an organizational meeting within this state, at the call of a majority of the directors, to complete the organization of the state bank by electing officers, adopting bylaws, if any are to be adopted, and conducting any other business properly brought before the board at the meeting.
Upon incorporation of the state bank, the initial board of directors shall hold an organizational meeting within this state, at the call of a majority of the directors, to complete the organization of the state bank by electing officers, adopting bylaws, if any are to be adopted, and conducting any other business properly brought before the board at the meeting.
95 Acts, ch 148, §26; 2004 Acts, ch 1141, §56
95 Acts, ch 148, §26; 2004 Acts, ch 1141, §56; 2022 Acts, ch 1062, §34
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.