2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.1520 - WITHDRAWAL OF FOREIGN CORPORATION.

        490.1520  WITHDRAWAL OF FOREIGN CORPORATION.
         1.  A foreign corporation authorized to transact business in this
      state shall not withdraw from this state until it obtains a
      certificate of withdrawal from the secretary of state.
         2.  A foreign corporation authorized to transact business in this
      state may apply for a certificate of withdrawal by delivering an
      application to the secretary of state for filing.  The application
      must set forth all of the following:
         a.  The name of the foreign corporation and the name of the
      state or country under whose law it is incorporated.
         b.  That it is not transacting business in this state and that
      it surrenders its authority to transact business in this state.
         c.  That it revokes the authority of its registered agent to
      accept service on its behalf and appoints the secretary of state as
      its agent for service of process in any proceeding based on a cause
      of action arising during the time it was authorized to transact
      business in this state.
         d.  A mailing address to which the secretary of state may mail
      a copy of any process served on the secretary of state under
      paragraph "c".
         3.  After the withdrawal of the corporation is effective, service
      of process on the secretary of state under this section is service on
      the foreign corporation.  Upon receipt of process, the secretary of
      state shall mail a copy of the process to the foreign corporation at
      the mailing address set forth under subsection 2.  

         89 Acts, ch 288, §171; 96 Acts, ch 1170, § 18
         Referred to in § 490.1510