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2018 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 492 - CAPITAL STOCK
Section 492.5 - Par value required.
Universal Citation: IA Code § 492.5 (2018)
492.5
Par value required.
No corporation organized under the laws of this state shall issue any certificate of a share of capital stock, or any substitute therefor, until the corporation has received the par value thereof.
[S13, §1641-b; C24, 27, 31, 35, 39, §8412; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §492.5]
2012 Acts, ch 1017, §93
Referred to in §492.10, §492.11, §492.12, §495.1
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