2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.1606 - EXCEPTION TO NOTICE REQUIREMENT.

        490.1606  EXCEPTION TO NOTICE REQUIREMENT.
         1.  Whenever notice is required to be given under any provision of
      this chapter to any shareholder, such notice shall not be required to
      be given if either of the following applies:
         a.  Notice of two consecutive annual meetings, and all notices
      of meetings during the period between such two consecutive annual
      meetings, have been sent to such shareholder at such shareholder's
      address as shown on the records of the corporation and have been
      returned undeliverable.
         b.  All, but not less than two, payments of dividends on
      securities during a twelve-month period, or two consecutive payments
      of dividends on securities during a period of more than twelve
      months, have been sent to such shareholder at such shareholder's
      address as shown on the records of the corporation and have been
      returned undeliverable.
         2.  If any such shareholder shall deliver to the corporation a
      written notice setting forth such shareholder's then-current address,
      the requirement that notice be given to such shareholder shall be
      reinstated.  
         Section History: Recent Form
         2002 Acts, ch 1154, §101, 125

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