§ 524.304 — Publication of notice

Iowa § 524.304

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 524: BANKS

Text

1. The incorporators or organizers of a state bank shall, within thirty days of the
acceptance of the application for processing, publish notice of the proposed incorporation or
organization in a newspaper of general circulation published in the municipal corporation
which is proposed as the principal place of business of the state bank, or if there is none,
a newspaper of general circulation published in the county, or in a county adjoining the
county, in which the proposed state bank is to have its principal place of business. The
notice shall set forth all of the following:
a. The name of the proposed state bank.
b. A statement that it is to be incorporated or organized under this chapter.
c. The purpose or purposes of the state bank.
d. The names and addresses of the incorporators or organizers and of the members of the
initial board of directors or board of directors as they appear, or will appear, in the articles of
incorporation.
e. The date the application was accepted for processing.
f. If the incorporation or organization of the state bank has been approved by the
superintendent under section 524.305, subsection 8, the name and address of the bank
with which the state bank will have merged, or the assets of which the state bank will
have acquired or the condition of which in some other way provided a purpose for the
incorporation or organization.
2. Proofofpublicationofthenoticebyaffidavitofthepublisherofthenewspaperinwhich
the notice appears shall be filed with the superintendent and is conclusive evidence of the
publication.

Legislative History

[C97, §1842, 1863; S13, §1842; C24, 27, 31, 35, 39, §9159, 9205; C46, 50, 54, 58, 62, 66, §526.5, 527.4; C71, 73, 75, 77, 79, 81, §524.304]