Iowa Code § 499.24

Current through March 29, 2024

Section 499.24 - Preferred stock

Preferred stock shall bear cumulative or noncumulative dividends as fixed by the articles. It shall have no vote. It shall be issued and be transferable without regard to eligibility or membership, and be redeemable on terms specified in the articles and as provided for in this chapter. The directors shall determine the time and amount of its issue.

Iowa Code § 499.24

2011 Acts, ch 27, §1

C35, §8512-g24; C39, §8512.24; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499.24 2011 Acts, ch 27, §1