Iowa Statutes

§ 491.60 — Suit by creditor — measure of recovery

Iowa § 491.60
JurisdictionIowa
Title XIIBUSINESS ENTITIES
Ch. 491CORPORATIONS FOR PECUNIARY PROFIT

This text of Iowa § 491.60 (Suit by creditor — measure of recovery) 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 § 491.60 (2026).

Text

In suits by creditors to recover unpaid installments upon shares of stock against any person who has in any manner obtained such stock of the corporation, the stockholder shall be liable for the difference between the amount paid by the stockholder to the corporation for said stock and the face value thereof.

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Legislative History

[C97, §1631; C24, 27, 31, 35, 39, §8396; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §491.60]

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Bluebook (online)
Iowa § 491.60, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/491.60.