2009 Iowa Code
Title 13 - Commerce
Subtitle 2 - Financial Institutions
CHAPTER 524 - BANKS
524.539 - VOTING TRUST.

        524.539  VOTING TRUST.
         Any number of shareholders of a state bank may create a voting
      trust for the purpose of conferring upon a trustee or trustees the
      right to vote or otherwise represent their shares, for a period of
      not to exceed ten years, by entering into a written voting trust
      agreement specifying the terms and conditions of the voting trust, by
      depositing a counterpart of the agreement with the state bank at its
      principal place of business, by delivery of a copy of the voting
      trust agreement to the superintendent and by transferring their
      shares to such trustee or trustees for the purposes of the agreement.
      The counterpart of the voting trust agreement so deposited with the
      state bank is subject to examination for any proper purpose during
      usual business hours by a shareholder of the state bank, in person or
      by agent or attorney, or by any holder of a beneficial interest in
      the voting trust, in person or by agent or attorney.
         This section shall not affect the validity of any agreement,
      relative to the voting of shares, in effect prior to July 1, 1995.
      

         Section History: Early Form

         [C71, 73, 75, 77, 79, 81, § 524.514] 

         Section History: Recent Form

         95 Acts, ch 148, §55
         CS 95, §524.539
         Referred to in § 524.540