Iowa Statutes
§ 524.524 — Consideration for shares
Iowa § 524.524
This text of Iowa § 524.524 (Consideration for shares) 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 § 524.524 (2026).
Text
Except in the case of a distribution of shares authorized by section 524.543 or shares issued
upon exchanges or conversion, common or preferred shares of a state bank may be issued
only for cash in an amount not less than that approved by the superintendent.
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Legislative History
[C97, §1853; C24, 27, 31, 35, 39, §9192; C46, 50, 54, 58, 62, 66, §526.36; C71, 73, 75, 77, 79,
81, §524.503]
Nearby Sections
15
§ 524.1000
Reserved§ 524.1001
Power to act as fiduciary§ 524.1003
Removal of fiduciary powers§ 524.1005A
Nonresident corporate fiduciaries§ 524.101
Short title§ 524.1010
Reserved§ 524.1011
Reserved§ 524.1012
ReservedCite This Page — Counsel Stack
Bluebook (online)
Iowa § 524.524, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/524.524.