A national bank may, subject to the provisions of this chapter, convert into a state bank upon authorization by and compliance with the laws of the United States, adoption of a plan of conversion by the affirmative vote of at least a majority of its directors and the holders of two-thirds of each class of its shares at a meeting held upon not less than ten days' notice to all shareholders, and upon approval of the superintendent.
[C54, 58, 62, 66, § 528B.3, 528B.7; C71, 73, 75, 77, 79, 81, § 524.1409]
Iowa General Assembly
Search: Iowa Code 1997
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