Iowa Statutes
§ 491.58 — Liability of stockholders
Iowa § 491.58
This text of Iowa § 491.58 (Liability of stockholders) 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 § 491.58 (2026).
Text
Neither anything in this chapter contained, nor any provisions in the articles of
corporation, shall exempt the stockholders from individual liability to the amount of the
unpaid installments on the stock owned by them, or transferred by them for the purpose of
defrauding creditors; and execution against the company may, to that extent, be levied upon
the private property of any such individual.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
[C51, §695; R60, §1172; C73, §1082; C97, §1631; C24, 27, 31, 35, 39, §8394; C46, 50, 54, 58,
62, 66, 71, 73, 75, 77, 79, 81, §491.58]
Nearby Sections
15
§ 491.1
Who may incorporate§ 491.10
Interpretative clause§ 491.101
Definitions§ 491.101A
Poison pill defense authorized§ 491.102
Procedure for merger§ 491.103
Procedure for consolidation§ 491.104
Meetings of shareholders§ 491.105
Approval by shareholders§ 491.106
Articles of merger or consolidation§ 491.109
Notice§ 491.11
Incorporation fee§ 491.110
Effect of merger or consolidationCite This Page — Counsel Stack
Bluebook (online)
Iowa § 491.58, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/491.58.