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2017 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 490 - BUSINESS CORPORATIONS
Section 490.745 - Discontinuance or settlement.

Universal Citation: IA Code § 490.745 (2017)
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1 BUSINESS CORPORATIONS, §490.745 490.745 Discontinuance or settlement. A derivative proceeding shall not be discontinued or settled without the court’s approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation’s shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected. 2002 Acts, ch 1154, §28, 125 Referred to in §490.747 Wed Feb 08 04:08:56 2017 Iowa Code 2017, Section 490.745 (11, 1)
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