496C.13 Voting trust — proxy.
No shareholder of a professional corporation shall create or enter into a voting trust or any other agreement conferring upon any other person the right to vote or otherwise represent any shares of a professional corporation, and no such voting trust or agreement is valid or effective. Any proxy of a shareholder of a professional corporation shall be an individual licensed to practice in this state a profession which the corporation is authorized to practice. Any provision in any proxy instrument denying the right of the shareholder to revoke the proxy at any time or for any period of time is not valid or effective. This section does not otherwise limit the right of a shareholder to vote by proxy, but the articles of incorporation or bylaws may further limit or deny the right to vote by proxy.
[C71, 73, 75, 77, 79, 81, §496C.13]
Structure Iowa Code
Chapter 496C - PROFESSIONAL CORPORATIONS
Section 496C.3 - Applicability of Iowa business corporation Act.
Section 496C.4 - Purposes and powers.
Section 496C.5 - Corporate name.
Section 496C.6 - Who may incorporate.
Section 496C.7 - Practice by professional corporation.
Section 496C.8 - Professional regulation.
Section 496C.9 - Relationship and liability to persons served.
Section 496C.10 - Issuance of shares.
Section 496C.11 - Transfer of shares.
Section 496C.12 - Convertible securities — stock rights and options.
Section 496C.13 - Voting trust — proxy.
Section 496C.14 - Required purchase by professional corporation of its own shares.
Section 496C.15 - Certificates representing shares.
Section 496C.18 - Merger or consolidation.
Section 496C.19 - Dissolution or liquidation.
Section 496C.20 - Foreign professional corporation.