Iowa § 493.9 Change in stock

Iowa Statutes

§ 493.9 — Change in stock

Iowa § 493.9

Title XIIBUSINESS ENTITIES

Ch. 493STOCK WITHOUT PAR VALUE

This text of Iowa § 493.9 (Change in stock) 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 § 493.9 (2026).

Text

Any such corporation may, by appropriate amendments to its articles of incorporation,
adopted by a two-thirds affirmative vote of each class of stock then issued and outstanding
and affected by such amendment, change its common or preferred stock having a par value
to an equal, greater or less number of shares of stock having no par value, and, in connection
therewith, may fix the amount of capital represented by such shares of stock without par
value.

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Any such corporation may, by appropriate amendments to its articles of incorporation,
adopted by a two-thirds affirmative vote of each class of stock then issued and outstanding
and affected by such amendment, change its common or preferred stock having a par value
to an equal, greater or less number of shares of stock having no par value, and, in connection
therewith, may fix the amount of capital represented by such shares of stock without par
value.