Iowa § 508B.12 Amendments — withdrawal

Iowa Statutes

§ 508B.12 — Amendments — withdrawal

Iowa § 508B.12

Title XIIICOMMERCE

Ch. 508BCONVERSION FROM MUTUAL COMPANY TO STOCK COMPANY

This text of Iowa § 508B.12 (Amendments — withdrawal) 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 § 508B.12 (2026).

Text

At any time before the conversion, if done pursuant to rules issued by the commissioner
or as may otherwise be required by the commissioner, the board of directors of a mutual
company may amend the conversion plan. An amendment to a conversion plan is subject to
the prior approval of the commissioner. The board of directors of a mutual company may
withdraw the plan of conversion at any time prior to the conversion.

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At any time before the conversion, if done pursuant to rules issued by the commissioner
or as may otherwise be required by the commissioner, the board of directors of a mutual
company may amend the conversion plan. An amendment to a conversion plan is subject to
the prior approval of the commissioner. The board of directors of a mutual company may
withdraw the plan of conversion at any time prior to the conversion.