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Iowa Code § 524.545

Options for shares

Iowa · Iowa Code Chapter 524 — Banks · Status: effective

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Iowa Code § 524.545, Options for shares, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2269035
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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.