1. The secretary of state shall record the articles of amendment 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 state bank has its principal place of business. The secretary of state upon the filing of the articles of amendment shall issue a certificate of amendment and send the same to the state bank.
2. Upon the issuance of the certificate of amendment by the secretary of state, the amendment shall become effective and the articles of incorporation shall be deemed to be amended accordingly. No amendment shall affect the existing rights of persons other than shareholders, or any existing cause of action in favor of or against such state bank, or any pending suit to which such state bank shall be a party, and, in the event the name of the state bank shall be changed by amendment, no suit brought by or against such state bank under its former name shall abate for that reason.
[C71, 73, 75, 77, 79, 81, § 524.1506]
Referred to in § 524.1507
Iowa General Assembly
Search: Iowa Code 1995
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