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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