Iowa § 493.8 Number of shares

Iowa Statutes

§ 493.8 — Number of shares

Iowa § 493.8

Title XIIBUSINESS ENTITIES

Ch. 493STOCK WITHOUT PAR VALUE

This text of Iowa § 493.8 (Number of shares) 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 § 493.8 (2026).

Text

The number of authorized shares of stock without par value may be increased or reduced
in the manner and subject to the conditions provided by law for the increase or reduction of
the capital stock of a similar corporation having shares with par value. All other statutory
provisions relating to stock having a par value shall also apply to stock without par value, so
far as the same may be legally, necessarily or practically applicable to, and not inconsistent
with, the provisions of this chapter.

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The number of authorized shares of stock without par value may be increased or reduced
in the manner and subject to the conditions provided by law for the increase or reduction of
the capital stock of a similar corporation having shares with par value. All other statutory
provisions relating to stock having a par value shall also apply to stock without par value, so
far as the same may be legally, necessarily or practically applicable to, and not inconsistent
with, the provisions of this chapter.