Iowa Const. art. VIII, § 9

Iowa Constitution

Article VIII, § 9 — Stockholders’ responsibility

Iowa Const. art. VIII, § 9 (Stockholders’ responsibility) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionIowa DocumentConstitution

ArticleVIII

Section§ 9

CitationIowa Const. art. VIII, § 9

Bluebook

Iowa Const. art. VIII, § 9.

Full Text

Every stockholder in a banking corporation or institution shall be individually responsible and liable to its creditors, over and above the amount of stock by him or her held, to an amount equal to his or her respective shares so held for all of its liabilities, accruing while he or she remains such stockholder.* *Codified Iowa Constitution, Art. VIII, §6 – 11 apply to banks of issue only, see 63 Iowa 11, 220 Iowa 794, and 221 Iowa 102

Add this to your briefcase to access full text.

Every stockholder in a banking corporation or institution shall be individually responsible and liable to its creditors, over and above the amount of stock by him or her held, to an amount equal to his or her respective shares so held for all of its liabilities, accruing while he or she remains such stockholder.* *Codified Iowa Constitution, Art. VIII, §6 – 11 apply to banks of issue only, see 63 Iowa 11, 220 Iowa 794, and 221 Iowa 102