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2017 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 490 - BUSINESS CORPORATIONS
Section 490.626 - Shares without certificates.

Universal Citation: IA Code § 490.626 (2017)
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1 BUSINESS CORPORATIONS, §490.626 490.626 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. 89 Acts, ch 288, §47 Referred to in §490.627, §490.732 Wed Feb 08 04:08:35 2017 Iowa Code 2017, Section 490.626 (12, 1)
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