2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.1321 - NOTICE OF INTENT TO DEMAND PAYMENT.

        490.1321  NOTICE OF INTENT TO DEMAND PAYMENT.
         1.  If proposed corporate action requiring appraisal rights under
      section 490.1302 is submitted to a vote at a shareholders' meeting, a
      shareholder who wishes to assert appraisal rights with respect to any
      class or series of shares must do all of the following:
         a.  Deliver to the corporation before the vote is taken
      written notice of the shareholder's intent to demand payment if the
      proposed action is effectuated.
         b.  Not vote, or cause or permit to be voted, any shares of
      such class or series in favor of the proposed action.
         2.  A shareholder who does not satisfy the requirements of
      subsection 1 is not entitled to payment under this part.  

         89 Acts, ch 288, §135; 2002 Acts, ch 1154, §82, 125
         Referred to in § 490.1322