Iowa Code § 490.1440

Current through March 29, 2024
Section 490.1440 - Deposit with state treasurer

Assets of a dissolved corporation that should be transferred to a creditor, claimant, or shareholder of the corporation who cannot be found or who is not competent to receive them shall be reduced to cash and deposited with the treasurer of state or other appropriate state official for safekeeping. When the creditor, claimant, or shareholder furnishes satisfactory proof of entitlement to the amount deposited, the treasurer of state or other appropriate state official shall pay such person, or the representative of such person, that amount.

Iowa Code § 490.1440

89 Acts, ch 288, §160; 2021 Acts, ch 165, § 186, 230

Amended by 2021 Iowa, ch 165, s 186, eff. 1/1/2022.
89 Acts, ch 288, §160

Referred to in §489.1112, 524.1305, 524.1310, 533.404, 556.6