Iowa Statutes
§ 499.23 — Dividends on common stock
Iowa § 499.23
This text of Iowa § 499.23 (Dividends on common 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 § 499.23 (2026).
Text
Unless the articles provide that common stock shall receive no dividends, the directors may
declare noncumulative dividends thereon at such rate as they may fix, not exceeding eight
percent per annum.
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Legislative History
[C35, §8512-g23; C39, §8512.23; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499.23]
Nearby Sections
15
§ 499.1
Applicable§ 499.10
Cooperative agreements§ 499.11
Legality declared§ 499.12
Exemption of private property§ 499.13
Membership — eligibility§ 499.17
Transfer of stock or membership§ 499.18
Expulsion of members§ 499.2
Definitions§ 499.20
Withdrawal of members§ 499.21
Obligations not affectedCite This Page — Counsel Stack
Bluebook (online)
Iowa § 499.23, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/499.23.