Article VIII, § 9 — Stockholders’ responsibility
This text of Iowa Const. art. VIII, § 9 (Stockholders’ responsibility) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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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
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Iowa Const. art. VIII, § 9, Counsel Stack Legal Research, https://law.counselstack.com/constitution/ia/VIII/9.