Iowa Statutes
§ 491.63 — Franchise sold on execution
Iowa § 491.63
This text of Iowa § 491.63 (Franchise sold on execution) 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 § 491.63 (2026).
Text
The franchise of a corporation may be levied upon under execution and sold, but
the corporation shall not become thereby dissolved, and no dissolution of the original
corporation shall affect the franchise, and the purchaser becomes vested with all the powers
of the corporation therefor. Such franchise shall be sold without appraisement.
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Legislative History
[C51, §700; R60, §1177; C73, §1086; C97, §1634; C24, 27, 31, 35, 39, §8399; C46, 50, 54, 58,
62, 66, 71, 73, 75, 77, 79, 81, §491.63]
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 § 491.63, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/491.63.