2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.1404 - REVOCATION OF DISSOLUTION.

        490.1404  REVOCATION OF DISSOLUTION.
         1.  A corporation may revoke its dissolution within one hundred
      twenty days of the effective date of its articles of dissolution.
         2.  Revocation of dissolution must be authorized in the same
      manner as the dissolution was authorized unless that authorization
      permitted revocation by action of the board of directors alone, in
      which event the board of directors may revoke the dissolution without
      shareholder action.
         3.  After the revocation of dissolution is authorized, the
      corporation may revoke the dissolution by delivering to the secretary
      of state for filing articles of revocation of dissolution, together
      with a copy of its articles of dissolution, that set forth all of the
      following:
         a.  The name of the corporation.
         b.  The effective date of the dissolution that was revoked.
         c.  The date that the revocation of dissolution was
      authorized.
         d.  If the corporation's board of directors or incorporators
      revoked the dissolution, a statement to that effect.
         e.  If the corporation's board of directors revoked a
      dissolution authorized by the shareholders, a statement that
      revocation was permitted by action by the board of directors alone
      pursuant to that authorization.
         f.  If shareholder action was required to revoke the
      dissolution, the information required by section 490.1403, subsection
      1, paragraph "c".
         4.  Revocation of dissolution is effective upon the effective date
      of the articles of revocation of dissolution.
         5.  When the revocation of dissolution is effective, it relates
      back to and takes effect as of the effective date of the dissolution
      as if the dissolution had never occurred.  
         Section History: Recent Form
         89 Acts, ch 288, §148; 2002 Acts, ch 1154, §92, 125; 2003 Acts, ch
      44, §88
         Referred to in §524.1306

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