This subchapter shall not be used to effect a transaction that converts a company organized on the mutual principle to one organized on the basis of share ownership.
Former section 490.902 stricken effective January 1, 2022, by
; see §490.905
Excluded transactions
Known as the Iowa Business Corporation Act
The act spans §§ 490–490 (245 sections).
2021 Acts, ch 165, §125, 230
This subchapter shall not be used to effect a transaction that converts a company organized on the mutual principle to one organized on the basis of share ownership.
Former section 490.902 stricken effective January 1, 2022, by
; see §490.905
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.