A notice must be published once each week for four weeks in succession in some newspaper as convenient as practicable to the principal place of business, which must contain:
1. The name of the corporation and its principal place of business.
2. The general nature of the business to be transacted.
3. The amount of capital stock authorized, and the times and conditions on which it is to be paid in.
4. The time of the commencement and existence of the corporation.
5. By what officers or persons its affairs are to be conducted, and the times when and manner in which they will be elected.
6. Whether private property is to be exempt from corporate debts.
[C51, § 677, 678; R60, § 1154, 1155; C73, § 1062, 1063; C97, § 1613; S13, § 1613; C24, 27, 31, 35, 39, § 8357; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 491.17]
Referred to in § 491.20, 491.32, 491.109
Legalizing Acts, chapter 591
Previous Section 491.16
Next Section 491.18
© 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/2001/491/17.html
jhf