GroundRules
Iowa Code § 524.545: Options for shares.
Where this section sits in the code
- Title XIII - COMMERCE (Ch. 505 - 554I)
- Chapter 524 - BANKS
- Subchapter V - SHARES, SHAREHOLDERS, AND DIVIDENDS
A state bank incorporated as a stock corporation may authorize the granting of options to officers and employees to purchase unissued shares of the state bank in accordance with a plan approved by the superintendent.
Collected 2026-09-14T19:40:14Z. Source file · JSON