A state bank shall cause to be published once within two weeks after the issuance by the superintendent of the authorization to do business, in a newspaper of general circulation published in the municipal corporation which is 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 state bank has its principal place of business, a notice which shall state:
1. The name of the state bank, the address of its principal place of business and the date of the issuance of the authorization to do business.
2. The names and addresses of the members of the initial board of directors as designated in the articles of incorporation.
3. That the shareholders shall not be personally liable for the debts and obligations of the state bank.
Proof of such publication, by affidavit of the publisher of the newspaper in which it was made, shall be filed with the secretary of state and with the superintendent, and shall be conclusive evidence of the fact.
[C97, § 1843, 1864; S13, § 1843, 1864; C24, 27, 31, 35, 39, § 9161, 9208; C46, 50, 54, 58, 62, 66, § 526.6, 527.6; C71, 73, 75, 77, 79, 81, § 524.309]
Referred to in § 524.106
Iowa General Assembly
Search: Iowa Code 1995
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