Iowa § 523.13 Exceptions as to domestic stock companies

Iowa Statutes

§ 523.13 — Exceptions as to domestic stock companies

Iowa § 523.13

Title XIIICOMMERCE

Ch. 523ELECTIONS AND INSIDER TRADING

This text of Iowa § 523.13 (Exceptions as to domestic stock companies) 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 § 523.13 (2026).

Text

The provisions of sections 523.7, 523.8, and 523.9 shall not apply to equity securities of a domestic stock insurance company if either of the following apply:

1.The securities are registered, or are required to be registered, pursuant to section 12 of the Securities Exchange Act of 1934, 48 Stat. 881, 15 U.S.C. §77b et seq., as amended.

2.The domestic stock insurance company does not have any class of its equity securities held of record by one hundred or more persons on the last business day of the year next preceding the year in which equity securities of the company would be subject to the provisions of sections 523.7, 523.8, and 523.9 except for the provisions of this subsection 2.

Free access — add to your briefcase to read the full text and ask questions with AI

The provisions of sections 523.7, 523.8, and 523.9 shall not apply to equity securities of a
domestic stock insurance company if either of the following apply:
1. The securities are registered, or are required to be registered, pursuant to section 12 of
the Securities Exchange Act of 1934, 48 Stat. 881, 15 U.S.C. §77b et seq., as amended.
2. The domestic stock insurance company does not have any class of its equity securities
held of record by one hundred or more persons on the last business day of the year next
preceding the year in which equity securities of the company would be subject to the
provisions of sections 523.7, 523.8, and 523.9 except for the provisions of this subsection 2.