Iowa Code § 524.614

Current through bills signed by governor as of 5/17/2024
Section 524.614 - Honorary and advisory directors

The board of directors of a state bank may appoint an individual as an honorary director, director emeritus, or member of an advisory board. An individual so appointed shall not vote at any meeting of the board of directors, shall not be counted in determining a quorum, and shall not be charged with any responsibilities or be subject to any liabilities imposed upon directors by this chapter.

Iowa Code § 524.614

C71, 73, 75, 77, 79, 81, § 524.614 95 Acts, ch 148, §70