524.222 Meetings of the board of directors called by superintendent. 1. Whenever the superintendent deems it necessary and advisable the superintendent may cause a meeting of the board of directors of a state bank to be held in such manner and atsuch time and place as the superintendent may direct. Any report of an examination requiredor allowed by this chapter, any conclusions drawn therefrom by the superintendent, anyrecommendations made relative thereto and any other matters concerning the operation andcondition of the state bank may be presented to the board of directors by the superintendent.The state bank shall cause the recommendations of the superintendent to be recorded in theminutes of the board of directors of the state bank. 2. Each member of the board of directors shall furnish to the superintendent a statement, on forms to be supplied by the superintendent, that the member has read and is familiar withthe recommendations of the superintendent. [C71, 73, 75, 77, 79, 81, §524.222]2018 Acts, ch 1041, §127 Sat Dec 23 01:11:25 2023 Iowa Code 2024, Section 524.222 (24, 0)
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