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Iowa Code § 504.1301

Prohibited distributions

Iowa · Iowa Code Chapter 504 — Revised Iowa Nonprofit Corporation Act · Status: effective

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Iowa Code § 504.1301, Prohibited distributions, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2263045
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Except as authorized by section 504.1302, a corporation shall not make any distributions.