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Code · Iowa · Chapter 524 — Banks

524.1306 Revocation of voluntary dissolution proceedings.

105 words·~1 min read·/ia/chapter-524-banks/524-1306

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. A state bank may, at any time prior to the filing of the articles of dissolution with the secretary of state, revoke voluntary dissolution proceedings as provided for in section 490.1404.
2. The statement of revocation of voluntary dissolution proceedings, whether by consent of shareholders or by act of the state bank, shall be delivered to the superintendent, together with the applicable filing fee, who shall, if the superintendent finds that they satisfy the requirements of this section, deliver them to the secretary of state for filing in the secretary of state’s office.
[C71, 73, 75, 77, 79, 81, §524.1306]
Referred to in §524.1309
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