A state bank may be incorporated under this chapter by one or more individuals eighteen years of age or older, a majority of whom shall be residents of this state and citizens of the United States.
[C97, § 1840, 1863; C24, 27, 31, 35, 39, § 9155, 9204; C46, 50, 54, 58, 62, 66, § 526.1, 527.3; C71, 73, 75, 77, 79, 81, § 524.301]
95 Acts, ch 148, §20
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