496C.21  Annual report.

Each annual report of a professional corporation or foreign professional corporation shall, in addition to the information required by the Iowa business corporation Act, set forth:

1.  The name and address of one shareholder.

2.  In the case of a professional corporation, a statement under oath whether or not all shareholders, directors, and officers, except assistant officers, of the corporation are licensed to practice in this state a profession which the corporation is authorized to practice, and whether or not all employees and agents of the corporation who practice a profession in this state on behalf of the corporation are licensed to practice the profession in this state.

3.  In the case of a foreign professional corporation, a statement under oath whether or not all shareholders, directors, officers, employees, and agents who practice a profession in this state on behalf of the corporation are licensed to practice the profession in this state.

4.  Additional information necessary or appropriate to enable the secretary of state or regulating board to determine whether the professional corporation or foreign professional corporation is complying with this chapter.

Information shall be set forth on forms prescribed and furnished by the secretary of state.

The original of each annual report of a professional corporation or foreign professional corporation shall be delivered to the secretary of state for filing. The provisions of the Iowa business corporation Act relating to annual license fee apply to professional corporations.

Section History: Early form

  [C71, 73, 75, 77, 79, 81, § 496C.21]

Section History: Recent form

  83 Acts, ch 144, § 5; 97 Acts, ch 171, § 25


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