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Iowa Code § 501A.905

Lost certificates — replacement

Known as the Iowa Cooperative Associations Act

The act spans §§ 501A.1001 to 501A.906 (101 sections).

2005 Acts, ch 135, §71

1. Issuance. A new membership interest certificate may be issued under section 554.8405 in place of one that is alleged to have been lost, stolen, or destroyed.

2. Not overissue. The issuance of a new certificate under this section does not constitute an overissue of the membership interests the new certificate represents.

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.