Iowa Code § 524.1406

Current through bills signed by governor as of 5/17/2024
Section 524.1406 - Appraisal rights of shareholders
1. A shareholder of a state bank, which is a party to a proposed plan of merger which will result in a state bank subject to this chapter, who objects to the plan of merger is entitled to appraisal rights as provided in chapter 490, subchapter XIII.
2. If a shareholder of a national bank which is a party to a proposed plan of merger which will result in a state bank, or a shareholder of a state bank which is a party to a plan of merger which will result in a national bank, objects to the plan of merger and complies with the requirements of the applicable laws of the United States, the resulting state bank or national bank, as the case may be, is liable for the value of the shareholder's shares as determined in accordance with such laws of the United States.

Iowa Code § 524.1406

Amended by 2022 Iowa, ch 1062, s 122, eff. 7/1/2022.
Amended by 2014 Iowa, ch 1001,s 4, eff. 7/1/2014.
Amended by 2014 Iowa, ch 1076, s 20, eff. 7/1/2014.
C54, 58, 62, 66, § 528B.9; C71, 73, 75, 77, 79, 81, § 524.1406
90 Acts, ch 1205, §47; 95 Acts, ch 148, §114; 99 Acts, ch 162, §1; 99 Acts, ch 208, §59; 2000 Acts, ch 1211, §3; 2002 Acts, ch 1154, §116, 125; 2008 Acts, ch 1119, §11; 2010 Acts, ch 1138, §57; 2011 Acts, ch 34, §121

Referred to in §524.1405