524.545  Options for shares.

A state bank may authorize the granting of options to officers and employees to purchase unissued shares of the state bank in accordance with a plan approved by the superintendent.

Section History: Early form

  [C71, 73, 75, 77, 79, 81, § 524.520]

Section History: Recent form

  95 Acts, ch 148, §59

  CS 95, §524.545


Previous Section 524.544

Next Section 524.601


Return To Home index


© 1999 Cornell College and League of Women Voters of Iowa


Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Thu Mar 18 15:00:31 CST 1999
URL: /DOCS/IACODE/1999/524/545.html
jhf