There is a newer version of the Iowa Code
2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.626 - SHARES WITHOUT CERTIFICATES.
490.626 SHARES WITHOUT CERTIFICATES. 1. Unless the articles of incorporation or bylaws provide otherwise, the board of directors of a corporation may authorize the issue of some or all of the shares of any or all of its classes or series without certificates. The authorization does not affect shares already represented by certificates until they are surrendered to the corporation. 2. Within a reasonable time after the issue or transfer of shares without certificates, the corporation shall send the shareholder a written statement of the information required on certificates by section 490.625, subsections 2 and 3, and, if applicable, section 490.627.Section History: Recent Form
89 Acts, ch 288, §47 Referred to in § 490.627, 490.732, 534.508
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