HILLS BANCORPORATION (OTCMKTS:HBIA) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

HILLS BANCORPORATION (OTCMKTS:HBIA) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03

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Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On March 12, 2019, the Board of Directors of Hills Bancorporation approved an amendment (the “Amendment”) to the Company’s Bylaws (the “Bylaws”) to replace Section 2 to Article III thereof to increase the total number of directors to 12 and to replace Section 9 to Article III regarding vacancies occurring in the Board of Directors. The text of the Amendment is attached hereto as Exhibit 3.2.

Item 9.01Financial Statements and Exhibits

(d)Exhibits

The following are exhibits are furnished herewith:

Exhibit

NumberExhibit Description

3.2The text of the amendment to the Company’s Bylaws adopted by the Company’s Board of Directors on March 12, 2019

HILLS BANCORPORATION Exhibit
EX-3.2 2 exhibit32.htm EXHIBIT 3.2 Exhibit Exhibit 3.2Article III,…
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About HILLS BANCORPORATION (OTCMKTS:HBIA)

Hills Bancorporation is a bank holding company engaged, through its subsidiary bank, Hills Bank and Trust Company (the Bank), in the business of commercial banking. The Bank is a full-service commercial bank offering its services to individuals, businesses, governmental units and institutional customers. The Bank is engaged in various areas of commercial banking, including acceptance of demand, savings and time deposits; making commercial, real estate, agricultural and consumer loans; maintaining night and safe deposit facilities, and performing collection, exchange and other banking services for individual customers. The Bank administers estates, personal trusts and pension plans, and provides farm management, investment advisory and custodial services for individuals, corporations and non-profit organizations. The Bank makes commercial and agricultural loans, real estate loans, automobile, installment and other consumer loans.

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