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524.304 Publication of notice.

The incorporators of a state bank shall publish notice of their intention to deliver, or the delivery of, the articles of incorporation to the superintendent, once each week for two successive weeks in a newspaper of general circulation published in the municipal corporation which is proposed as the principal place of business of the state bank, or if there is none, a newspaper of general circulation published in the county, or in a county adjoining the county, in which the proposed state bank is to have its principal place of business. The first publication of the notice shall appear prior to, or within ten days after, the date of delivery of the articles of incorporation to the superintendent and shall set forth:

1. The name of the proposed state bank.

2. A statement that it is to be incorporated under this chapter.

3. The purpose or purposes of the state bank.

4. The names and addresses of the incorporators and of the members of the initial board of directors as they appear, or will appear, in the articles of incorporation.

5. The date of the delivery of the articles of incorporation to the superintendent.

6. If the incorporation of the state bank has been approved by the superintendent under section 524.305, subsection 6, the name and address of the bank with which the state bank will have merged or consolidated, or the assets of which the state bank will have acquired or the condition of which in some other way provided a purpose for the incorporation.

Section History: Early form

[C97, § 1842, 1863; S13, § 1842; C24, 27, 31, 35, 39, § 9159, 9205; C46, 50, 54, 58, 62, 66, § 526.5, 527.4; C71, 73, 75, 77, 79, 81, § 524.304]

Internal References

Referred to in § 524.106, 524.303, 524.305


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