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524.1414 Issuance of certificate of conversion.

The receipt of the approved articles of conversion by the secretary of state shall constitute filing thereof with that office. The secretary of state shall record the articles of conversion in the secretary's office, and the same shall be filed and recorded in the office of the county recorder in the county in which the resulting state bank has its principal place of business. On the date upon which the conversion is effective, the secretary of state shall issue a certificate of conversion and send the same to the resulting state bank and a copy thereof to the superintendent and the superintendent shall issue to the resulting state bank an authorization to do business.

Section History: Early form

[C54, 58, 62, 66, § 528B.6; C71, 73, 75, 77, 79, 81, § 524.1414]


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