Iowa § 498.30 Reinstatement of corporation

Iowa Statutes

§ 498.30 — Reinstatement of corporation

Iowa § 498.30

Title XIIBUSINESS ENTITIES

Ch. 498NONPROFIT COOPERATIVE ASSOCIATIONS

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Bluebook

Iowa Code § 498.30 (2026).

Text

Any corporation whose corporate rights have been canceled and forfeited in the manner
provided herein may, however, before September 1 following such cancellation, make
application to the secretary of state for reinstatement and upon being furnished good
and sufficient reasons for not having filed its report the secretary shall, upon the filing of
such report and the payment of the penalty, reinstate said corporation and the decree of
cancellation shall be annulled and the corporation shall be entitled to continue to act as
a corporation for the unexpired portion of its corporate period as fixed by its articles of
incorporation and the limitations prescribed by law.

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Any corporation whose corporate rights have been canceled and forfeited in the manner
provided herein may, however, before September 1 following such cancellation, make
application to the secretary of state for reinstatement and upon being furnished good
and sufficient reasons for not having filed its report the secretary shall, upon the filing of
such report and the payment of the penalty, reinstate said corporation and the decree of
cancellation shall be annulled and the corporation shall be entitled to continue to act as
a corporation for the unexpired portion of its corporate period as fixed by its articles of
incorporation and the limitations prescribed by law.