Iowa Code § 492.11
Dissolution distribution of assets
Iowa · Iowa Code Chapter 492 — Capital Stock · Status: effective
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- Citation
- Iowa Code § 492.11, Dissolution distribution of assets, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2259902
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Full text
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.