Iowa Statutes
§ 497.19 — Additional dividends
Iowa § 497.19
This text of Iowa § 497.19 (Additional dividends) 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 § 497.19 (2026).
Text
Theremainderofsaidnetprofitsshallbedistributedbyuniformdividendsupontheamount
of purchases of shareholders, and upon the wages and salaries of employees. In producing
associations, such as creameries, canneries, elevators, factories, and the like, dividends shall
be on raw material delivered instead of on goods purchased. In case the association is both
a selling and a producing concern, the dividends may be on both raw material delivered and
goods purchased by patrons.
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Legislative History
[SS15, §1641-r13; C24, 27, 31, 35, 39, §8477; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81,
§497.19]
Nearby Sections
15
§ 497.1
Purposes of cooperative§ 497.10
Powers§ 497.12
Stockholding§ 497.13
Issue of shares as payment§ 497.14
May act as trustee§ 497.15
Paid-up stock — right to vote§ 497.16
Voting by mail§ 497.17
Reserve fund§ 497.18
Educational fund — dividends§ 497.19
Additional dividends§ 497.2
Articles of incorporation§ 497.20
When dividends distributed§ 497.21
Dissolution§ 497.22
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Bluebook (online)
Iowa § 497.19, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/497.19.