{"data":{"id":"us-ia/iowa-code-524.545","jurisdiction":"us-ia","citation":"Iowa Code § 524.545","heading":"Options for shares.","body":"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.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 524 - BANKS","Subchapter V - SHARES, SHAREHOLDERS, AND DIVIDENDS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/524.545.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:14Z","sha256":"e46a2099d14e58270db8b390e0d6bf098f82942009a3f5e1753c6c3fd3868c43","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-524.544","next":"us-ia/iowa-code-524.546"},"notice":"GroundRules: Original legal text. Not legal advice."}