1. At any time after dissolution is authorized, the corporation may dissolve by delivering to the secretary of state for filing articles of dissolution setting forth all of the following:
a. The name of the corporation.
b. The date dissolution was authorized.
c. If dissolution was approved by the shareholders, both of the following:
(1) The number of votes entitled to be cast on the proposal to dissolve.
(2) Either the total number of votes cast for and against dissolution or the total number of undisputed votes cast for dissolution and a statement that the number cast for dissolution was sufficient for approval.
d. If voting by voting groups was required, the information required by paragraph "c" must be separately provided for each voting group entitled to vote separately on the plan to dissolve.
2. A corporation is dissolved upon the effective date of its articles of dissolution.
89 Acts, ch 288, §147
Referred to in § 490.1404
Previous Section 490.1402
Next Section 490.1404
© 2001 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Mon Jan 22 17:13:42 CST 2001
URL: /DOCS/IACODE/2001/490/1403.html
jhf