524.545 - OPTIONS FOR SHARES. - Iowa Statutes

524.545 OPTIONS FOR SHARES. A state bank may authorize the granting of options to officers and employees to purchase unissued shares of the state bank in accordance with a plan approved by the superintendent.          Section History: Early Form [C71, 73, 75, 77, 79, 81, § 524.520]          Section History: Recent Form 95 Acts, ch 148, §59 CS 95, §524.545