Iowa Const. art. VIII, § 9
- Constitution
- Constitution of Iowa
- Text as of
- October 2026
What does this section say?
Stockholders’ responsibility. Every stockholder in a banking corporation or institution shall be individually responsible and liable to its creditors, over and above the amount of stock by him or her held, to an amount equal to his or her respective shares so held for all of its liabilities, accruing while he or she remains such stockholder.* *Codified Iowa Constitution, Art. VIII, §6 – 11 apply to banks of issue only, see 63 Iowa 11, 220 Iowa 794, and 221 Iowa 102
The text is copied from the official source: www.legis.iowa.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.