Iowa Code § 492.11

Current through bills signed by governor as of 5/17/2024

Section 492.11 - Dissolution - distribution of assets

Any corporation violating the provisions of sections 492.5 through 492.8 shall, upon the application of the attorney general, in behalf of the state, made to any court of competent jurisdiction, be dissolved, its affairs wound up, and its assets distributed among the stockholders other than those who have received the stock so unlawfully issued.

Iowa Code § 492.11

Amended by 2021 Iowa, ch 80, s 317, eff. 7/1/2021.

S13, §1641-e; C24, 27, 31, 35, 39, §8418; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 492.11