Iowa § 491.68 False statements or pretenses

Iowa Statutes

§ 491.68 — False statements or pretenses

Iowa § 491.68

Title XIIBUSINESS ENTITIES

Ch. 491CORPORATIONS FOR PECUNIARY PROFIT

This text of Iowa § 491.68 (False statements or pretenses) 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 § 491.68 (2026).

Text

Every director, officer, or agent of any corporation or joint-stock association, who
knowingly concurs in making, publishing, or posting, either generally or privately to the
stockholders or other persons, any written report, exhibit, or statement of its affairs or
pecuniary condition, or book or notice containing any material statement which is false, or
any untrue or willfully or fraudulently exaggerated report, prospectus, account, statement
of operations, values, business, profits, expenditures, or prospects, or any other paper or
document intended to produce or give, or having a tendency to produce or give, the shares

of stock in such corporation a greater value or a less apparent or market value than they
really possess, is guilty of a fraudulent practice.

Free access — add to your briefcase to read the full text and ask questions with AI

Every director, officer, or agent of any corporation or joint-stock association, who
knowingly concurs in making, publishing, or posting, either generally or privately to the
stockholders or other persons, any written report, exhibit, or statement of its affairs or
pecuniary condition, or book or notice containing any material statement which is false, or
any untrue or willfully or fraudulently exaggerated report, prospectus, account, statement
of operations, values, business, profits, expenditures, or prospects, or any other paper or
document intended to produce or give, or having a tendency to produce or give, the shares

of stock in such corporation a greater value or a less apparent or market value than they
really possess, is guilty of a fraudulent practice.