2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.1505 - EFFECT OF CERTIFICATE OF AUTHORITY.

        490.1505  EFFECT OF CERTIFICATE OF AUTHORITY.
         1.  A certificate of authority authorizes the foreign corporation
      to which it is issued to transact business in this state subject,
      however, to the right of the state to revoke the certificate as
      provided in this chapter.
         2.  A foreign corporation with a valid certificate of authority
      has the same but no greater rights and has the same but no greater
      privileges as, and except as otherwise provided in this chapter is
      subject to the same duties, restrictions, penalties, and liabilities
      now or later imposed on, a domestic corporation of like character.
         3.  This chapter does not authorize this state to regulate the
      organization or internal affairs of a foreign corporation authorized
      to transact business in this state.  

         89 Acts, ch 288, §165