524.536 Shareholders’ voting list for meeting. 1. The officer or agent having charge of the stock transfer books for shares of a state bank shall, at least ten days before each meeting of shareholders, prepare a completealphabetical list of the names of all its shareholders who are entitled to vote at the meetingor any adjournment of the meeting. The list shall be arranged by voting group and withineach voting group by class or series of shares, and show the address of and the numberof shares held by each shareholder. Nothing contained in this subsection shall require thestate bank to include on such list the electronic mail address or other electronic contactinformation of a shareholder. 2. a. The shareholders’ list shall be available for inspection by any shareholder beginning ten days before the meeting and continuing through the meeting. The shareholders’ list shallbe made available in at least one of the following locations: (1) The state bank’s principal place of business.(2) A reasonably accessible electronic network, provided that the information required to gain access to the list is provided with the notice of the meeting. state bank’s principal place of business.(2) A reasonably accessible electronic network, provided that the information required to gain access to the list is provided with the notice of the meeting. In the event that the statebank determines to make the list available on an electronic network, the state bank shall takereasonable steps to ensure that such information is available only to shareholders of the statebank. b. A shareholder, or the shareholder’s agent or attorney, is entitled on written demand to inspect the list at any time during usual business hours and at the shareholder’s expense,during the period it is available for inspection. 3. The list of shareholders shall also be produced and kept open at the time and place of the meeting and is subject to the inspection of a shareholder, or a shareholder’s agent orattorney, during the entire duration of the meeting. The original stock transfer books areprima facie evidence as to which shareholders are entitled to examine the list or transferbooks or to vote at a meeting of shareholders. 4. Failure to comply with the requirements of this section shall not affect the validity of action taken at a meeting of shareholders. e list or transferbooks or to vote at a meeting of shareholders. 4. Failure to comply with the requirements of this section shall not affect the validity of action taken at a meeting of shareholders. [C71, 73, 75, 77, 79, 81, §524.511]95 Acts, ch 148, §52CS95, §524.5362022 Acts, ch 1062, §51; 2023 Acts, ch 66, §132Subsection 2, paragraph b amended Sat Dec 23 01:14:23 2023 Iowa Code 2024, Section 524.536 (25, 1)
Iowa Legal Code