Iowa Statutes

§ 492.2 — Effect of violation

Iowa § 492.2
JurisdictionIowa
Title XIIBUSINESS ENTITIES
Ch. 492CAPITAL STOCK

This text of Iowa § 492.2 (Effect of violation) 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 § 492.2 (2026).

Text

Any certificate of stock issued, delivered, or transferred in violation of section 492.1 when the corporation has not received payment therefor at par in money or property at a valuation approved by the executive council, shall be void, and the issuance, delivery, or transfer of each certificate shall be considered a separate transaction.

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Legislative History

[C24, 27, 31, 35, 39, §8409; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §492.2]

Nearby Sections

12
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Bluebook (online)
Iowa § 492.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/492.2.