2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.1320 - NOTICE OF APPRAISAL RIGHTS.

        490.1320  NOTICE OF APPRAISAL RIGHTS.
         1.  If proposed corporate action described in section 490.1302,
      subsection 1, is to be submitted to a vote at a shareholders'
      meeting, the meeting notice must state that the corporation has
      concluded that the shareholders are, are not, or may be entitled to
      assert appraisal rights under this part.  If the corporation
      concludes that appraisal rights are or may be available, a copy of
      this part must accompany the meeting notice sent to those record
      shareholders entitled to exercise appraisal rights.
         2.  In a merger pursuant to section 490.1105, the parent
      corporation must notify in writing all record shareholders of the
      subsidiary who are entitled to assert appraisal rights that the
      corporate action became effective.  Such notice must be sent within
      ten days after the corporate action became effective and include the
      materials described in section 490.1322.  
         Section History: Recent Form
         89 Acts, ch 288, §134; 2002 Acts, ch 1154, §81, 125
         Referred to in § 490.704, 490.1330, 490.1331

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