2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.1604 - COURT-ORDERED INSPECTION.

        490.1604  COURT-ORDERED INSPECTION.
         1.  If a corporation does not allow a shareholder who complies
      with section 490.1602, subsection 1, to inspect and copy any records
      required by that subsection to be available for inspection, the
      district court of the county where the corporation's principal office
      or, if none in this state, its registered office is located may
      summarily order inspection and copying of the records demanded at the
      corporation's expense upon application of the shareholder.
         2.  If a corporation does not within a reasonable time allow a
      shareholder to inspect and copy any other records, the shareholder
      who complies with section 490.1602, subsections 2 and 3 may apply to
      the district court in the county where the corporation's principal
      office or, if none in this state, its registered office is located
      for an order to permit inspection and copying of the records
      demanded.  The court shall dispose of an application under this
      subsection on an expedited basis.
         3.  If the court orders inspection and copying of the records
      demanded, it shall also order the corporation to pay the
      shareholder's costs, including reasonable counsel fees, incurred to
      obtain the order unless the corporation proves that it refused
      inspection in good faith because it had a reasonable basis for doubt
      about the right of the shareholder to inspect the records demanded.
         4.  If the court orders inspection and copying of the records
      demanded, it may impose reasonable restrictions on the use or
      distribution of the records by the demanding shareholder.  

         89 Acts, ch 288, §178