Iowa Statutes

§ 504B.3 — Avoiding tax liability

Iowa § 504B.3
JurisdictionIowa
Title XIIBUSINESS ENTITIES
Ch. 504BNONPROFIT CORPORATIONS AND FEDERAL TAX LIABILITY

This text of Iowa § 504B.3 (Avoiding tax liability) 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 § 504B.3 (2026).

Text

The articles of incorporation of every such corporation shall be deemed to contain a provision requiring such corporation to distribute, for the purposes specified in its articles of incorporation, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by section 4942(a) of the Internal Revenue Code.

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Legislative History

[C73, 75, 77, 79, 81, §504B.3]

Nearby Sections

6
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Bluebook (online)
Iowa § 504B.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/504B.3.