523.12 Equity security defined.
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.
[C66, 71, 73, 75, 77, 79, 81, §523.12]
2021 Acts, ch 80, §335
Referred to in §523.11, 523.14
Section amended
Structure Iowa Code
Chapter 523 - ELECTIONS AND INSIDER TRADING
Section 523.1 - Proxies authorized.
Section 523.5 - Proportionate representation.
Section 523.6 - Amendment of articles.
Section 523.7 - Statement of stock ownership filed with commissioner.
Section 523.8 - Profit in trading stock to inure to company.
Section 523.9 - Penalty for selling stock not directly owned by seller.
Section 523.10 - Exceptions — rules by commissioner.
Section 523.11 - Arbitrage transactions excepted.
Section 523.12 - Equity security defined.