Iowa § 524.306 Incorporation or organization of state bank

Iowa Statutes

§ 524.306 — Incorporation or organization of state bank

Iowa § 524.306

Title XIIICOMMERCE

Ch. 524BANKS

This text of Iowa § 524.306 (Incorporation or organization of state bank) 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.

Bluebook

Iowa Code § 524.306 (2026).

Text

1.Unless a delayed effective date or time is specified, the corporate or organizational existence of a state bank begins when the articles of incorporation, with the superintendent’s approval indicated on the articles of incorporation, are filed with the secretary of state.

2.The secretary of state’s filing of the articles of incorporation is conclusive proof that the incorporators or organizers satisfied all conditions precedent to incorporation or organization, except in a proceeding instituted by the superintendent to cancel or revoke the incorporation or involuntarily dissolve the corporation or organization.

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1. Unless a delayed effective date or time is specified, the corporate or organizational
existence of a state bank begins when the articles of incorporation, with the superintendent’s
approval indicated on the articles of incorporation, are filed with the secretary of state.
2. The secretary of state’s filing of the articles of incorporation is conclusive proof
that the incorporators or organizers satisfied all conditions precedent to incorporation or
organization, except in a proceeding instituted by the superintendent to cancel or revoke the
incorporation or involuntarily dissolve the corporation or organization.