Iowa Statutes
§ 490.1326 — Procedure if shareholder dissatisfied with payment or offer
Iowa § 490.1326
This text of Iowa § 490.1326 (Procedure if shareholder dissatisfied with payment or offer) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 490.1326 (2026).
Text
1.A shareholder paid pursuant to section 490.1324 who is dissatisfied with the amount
of the payment shall notify the corporation in writing of that shareholder’s estimate of the
fair value of the shares and demand payment of that estimate, less any payment under
section 490.1324 plus interest. A shareholder offered payment under section 490.1325 who
is dissatisfied with that offer shall reject the offer and demand payment of the shareholder’s
stated estimate of the fair value of the shares plus interest.
2.A shareholder who fails to notify the corporation in writing of that shareholder’s
demand to be paid the shareholder’s stated estimate of the fair value plus interest under
subsection 1 within thirty days after receiving the corporation’s payment or offer of payment
under section 490.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 490.1000
Reserved§ 490.1002
Amendment before issuance of shares§ 490.1004
Voting on amendments by voting groups§ 490.1005
Amendment by board of directors§ 490.1006
Articles of amendment§ 490.1007
Restated articles of incorporation§ 490.1008
Amendment pursuant to reorganization§ 490.1009
Effect of amendment§ 490.101
Short title§ 490.1020
Authority to amendCite This Page — Counsel Stack
Bluebook (online)
Iowa § 490.1326, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/490.1326.