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2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.1433 - DECREE OF DISSOLUTION.

        490.1433  DECREE OF DISSOLUTION.
         1.  If after a hearing the court determines that one or more
      grounds for judicial dissolution described in section 490.1430 exist,
      it may enter a decree dissolving the corporation and specifying the
      effective date of the dissolution, and the clerk of the court shall
      deliver a certified copy of the decree to the secretary of state, who
      shall file it.
         2.  After entering the decree of dissolution, the court shall
      direct the winding up and liquidation of the corporation's business
      and affairs in accordance with section 490.1405 and the notification
      of claimants in accordance with sections 490.1406 and 490.1407.
         Section History: Recent Form
         89 Acts, ch 288, §159
         Referred to in §602.8102(68)

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