Iowa Statutes

§ 504.301 — Purposes

Iowa § 504.301
JurisdictionIowa
Title XIIBUSINESS ENTITIES
Ch. 504REVISED IOWA NONPROFIT CORPORATION ACT

This text of Iowa § 504.301 (Purposes) 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 § 504.301 (2026).

Text

1.Every corporation incorporated under this chapter has the purpose of engaging in any lawful activity unless a more limited purpose is set forth in the articles of incorporation.
2.A corporation engaging in an activity that is subject to regulation under another statute of this state may incorporate under this chapter only if incorporation under this chapter is not prohibited by the other statute. The corporation shall be subject to all limitations of the other statute.

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Bluebook (online)
Iowa § 504.301, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/504.301.