Iowa § 523.12 Equity security defined

Iowa Statutes

§ 523.12 — Equity security defined

Iowa § 523.12

Title XIIICOMMERCE

Ch. 523ELECTIONS AND INSIDER TRADING

This text of Iowa § 523.12 (Equity security defined) 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 § 523.12 (2026).

Text

The term “equity security” when used in sections 523.7 through 523.11, this section, and
sections 523.13 and 523.14 means any stock or similar security; or any security convertible,
with or without consideration, into such a security, or carrying any warrant or right to
subscribe to or purchase such a security; or any such warrant or right; or any other security
which the commissioner shall deem to be of similar nature and consider necessary or
appropriate, by such rules and regulations as the commissioner may prescribe in the public
interest or for the protection of investors, to treat as an equity security.

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The term “equity security” when used in sections 523.7 through 523.11, this section, and
sections 523.13 and 523.14 means any stock or similar security; or any security convertible,
with or without consideration, into such a security, or carrying any warrant or right to
subscribe to or purchase such a security; or any such warrant or right; or any other security
which the commissioner shall deem to be of similar nature and consider necessary or
appropriate, by such rules and regulations as the commissioner may prescribe in the public
interest or for the protection of investors, to treat as an equity security.