2009 Iowa Code
Title 13 - Commerce
Subtitle 2 - Financial Institutions
CHAPTER 524 - BANKS
524.1404 - PROCEDURE AFTER APPROVAL BY THE SUPERINTENDENT -- ISSUANCE OF CERTIFICATE OF MERGER.

        524.1404  PROCEDURE AFTER APPROVAL BY THE
      SUPERINTENDENT -- ISSUANCE OF CERTIFICATE OF MERGER.
         If applicable state or federal laws require the approval of the
      merger by a federal or state agency, the superintendent may withhold
      delivery of the approved articles of merger until the superintendent
      receives notice of the decision of such agency.  If the final
      approval of the agency is not given within six months of the
      superintendent's approval, the superintendent shall notify the
      parties to the plan that the approval of the superintendent has been
      rescinded for that reason.  If such agency gives its approval, the
      superintendent shall deliver the articles of merger, with the
      superintendent's approval indicated on the articles, to the secretary
      of state, and shall notify the parties to the plan.  The receipt of
      the approved articles of merger by the secretary of state constitutes
      filing of the articles of merger with that office.  The secretary of
      state shall record the articles of merger, and the articles shall be
      filed and recorded in the office of the county recorder in each
      county in which the parties to the plan had previously maintained a
      principal place of business.  On the date upon which the merger is
      effective the secretary of state shall issue a certificate of merger
      and send the same to the resulting state bank and a copy of the
      certificate of merger to the superintendent.  
         Section History: Early Form
         [C54, 58, 62, 66, § 528B.6; C71, 73, 75, 77, 79, 81, § 524.1404]
      
         Section History: Recent Form
         95 Acts, ch 148, §111

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