Iowa Code 524.1504 – Articles of amendment
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Terms Used In Iowa Code 524.1504
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
524.1504 Articles of amendment.
1. Upon the adoption of an amendment, articles of amendment shall be prepared on forms prescribed by the superintendent, signed by two duly authorized officers of the state bank and shall contain:
a. The name of the state bank.
b. The location of its principal place of business.
c. The text of each amendment adopted.
d. The place and date of the meeting of shareholders at which the amendment was adopted, and the kind and period of notice given to the shareholders.
e. For a state bank incorporated as a stock corporation, the number of shares entitled to
vote on the amendment, and if the shares of any class are entitled to vote thereon as a class, the number of shares of each class. For a mutual corporation, the number of member votes entitled to be cast.
f. The number of shares or member votes voted for and against such amendment,
respectively, and if the shares of any class are entitled to vote on the amendment as a class, the number of shares of each such class voted for and against such amendment.
2. The articles of amendment shall be delivered to the superintendent together with the applicable fees for the filing of the articles of amendment.
[C71, 73, 75, 77, 79, 81, §524.1504]
95 Acts, ch 148, §129; 2012 Acts, ch 1017, §16, 18; 2022 Acts, ch 1062, §137, 138; 2023 Acts, ch 66, §135
Referred to in §524.312, 524.1505
Subsection 1, paragraph f amended
1. Upon the adoption of an amendment, articles of amendment shall be prepared on forms prescribed by the superintendent, signed by two duly authorized officers of the state bank and shall contain:
a. The name of the state bank.
b. The location of its principal place of business.
c. The text of each amendment adopted.
d. The place and date of the meeting of shareholders at which the amendment was adopted, and the kind and period of notice given to the shareholders.
e. For a state bank incorporated as a stock corporation, the number of shares entitled to
vote on the amendment, and if the shares of any class are entitled to vote thereon as a class, the number of shares of each class. For a mutual corporation, the number of member votes entitled to be cast.
f. The number of shares or member votes voted for and against such amendment,
respectively, and if the shares of any class are entitled to vote on the amendment as a class, the number of shares of each such class voted for and against such amendment.
2. The articles of amendment shall be delivered to the superintendent together with the applicable fees for the filing of the articles of amendment.
[C71, 73, 75, 77, 79, 81, §524.1504]
95 Acts, ch 148, §129; 2012 Acts, ch 1017, §16, 18; 2022 Acts, ch 1062, §137, 138; 2023 Acts, ch 66, §135
Referred to in §524.312, 524.1505
Subsection 1, paragraph f amended