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 toappraisal 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 mergerwhich will result in a national bank, objects to the plan of merger and complies with therequirements of the applicable laws of the United States, the resulting state bank or nationalbank, as the case may be, is liable for the value of the shareholder’s shares as determined inaccordance with such laws of the United States. [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; 2014 Acts, ch 1001, §4; 2014 Acts, ch 1076, §20; 2019 Acts, ch 24,§104; 2022 Acts, ch 1062, §122 Referred to in 54, §116, 125; 2008 Acts, ch 1119, §11; 2010 Acts, ch 1138,§57; 2011 Acts, ch 34, §121; 2014 Acts, ch 1001, §4; 2014 Acts, ch 1076, §20; 2019 Acts, ch 24,§104; 2022 Acts, ch 1062, §122 Referred to in §524.1405 Sat Dec 23 01:24:21 2023 Iowa Code 2024, Section 524.1406 (30, 0)
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