Iowa Statutes
§ 490.631 — Corporation’s acquisition of its own shares
Iowa § 490.631
This text of Iowa § 490.631 (Corporation’s acquisition of its own shares) 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 § 490.631 (2026).
Text
1.A corporation may acquire its own shares and, except as may be otherwise provided
pursuant to section 490.632, shares so acquired constitute authorized but unissued shares.
2.If the articles of incorporation prohibit the reissue of the acquired shares, the number
of authorized shares is reduced by the number of shares acquired.
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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 § 490.631, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/490.631.