Iowa Statutes
§ 490.745 — Discontinuance or settlement
Iowa § 490.745
This text of Iowa § 490.745 (Discontinuance or settlement) 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 § 490.745 (2026).
Text
A derivative proceeding shall not be discontinued or settled without the court’s approval.
If the court determines that a proposed discontinuance or settlement will substantially affect
the interests of the corporation’s shareholders or a class or series of shareholders, the court
shall direct that notice be given to the shareholders affected.
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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 § 490.745, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/490.745.