1. A domestic or foreign corporation may correct a document filed by the secretary of state if the document satisfies one of the following:
a. The document contains an inaccuracy.
b. The document was defectively executed, attested, sealed, verified, or acknowledged.
c. The electronic transmission was defective.
2. A document is corrected by complying with both of the following:
a. By preparing articles of correction that satisfy all of the following requirements:
(1) Describe the document, including its filing date, or attach a copy of it to the articles.
(2) Specify the inaccuracy or defect to be corrected.
(3) Correct the inaccuracy or defect.
b. By delivering the articles to the secretary of state for filing.
3. Articles of correction are effective on the effective date of the document they correct except as to persons relying on the uncorrected document and adversely affected by the correction. As to those persons, articles of correction are effective when filed.
89 Acts, ch 288, §7; 2002 Acts, ch 1154, §4, 125
Previous Section 490.123
Next Section 490.125
© 2004 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: Thu Jan 15 10:49:41 CST 2004
URL: /DOCS/IACODE/2003SUPPLEMENT/490/124.html
jhf