524.309 - PUBLICATION OF AUTHORIZATION TO DO BUSINESS.

        524.309  PUBLICATION OF AUTHORIZATION TO DO      BUSINESS.         1.  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 all of the following:         a.  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.         b.  The names and addresses of the members of the initial      board of directors as designated in the articles of incorporation.         c.  That the shareholders shall not be personally liable for      the debts and obligations of the state bank.         2.  Proof of publication, by affidavit of the publisher of the      newspaper in which it was made, shall be filed with the      superintendent, and is conclusive evidence of the fact.  
         Section History: Early Form
         [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] 
         Section History: Recent Form
         95 Acts, ch 148, §29         Referred to in § 524.314