Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 496B - ECONOMIC DEVELOPMENT CORPORATIONS

Section 496B.1 - Title of Act. - 496B.1 Title of Act. This chapter shall be known and...

Section 496B.2 - Definitions. - 496B.2 Definitions. As used in this chapter, unless the context...

Section 496B.3 - Authorized corporations. - 496B.3 Authorized corporations. There is hereby authorized to be incorporated...

Section 496B.4 - Offices. - 496B.4 Offices. A development corporation may have offices in such...

Section 496B.5 - Purposes. - 496B.5 Purposes. The purposes of a development corporation shall be...

Section 496B.6 - Powers. - 496B.6 Powers. Any development corporation shall, subject to the restrictions...

Section 496B.7 - Stock — limitations. - 496B.7 Stock — limitations. Capital stock shall be issued only...

Section 496B.8 - Stockholders’ privileges. - 496B.8 Stockholders’ privileges. Notwithstanding any rule at common law or...

Section 496B.9 - Loan procedures. - 496B.9 Loan procedures. A financial institution may request membership in...

Section 496B.10 - Duration of membership. - 496B.10 Duration of membership. Membership in any development corporation shall...

Section 496B.11 - Powers of shareholders. - 496B.11 Powers of shareholders. The shareholders and the members of...

Section 496B.12 - Articles amended. - 496B.12 Articles amended. 1. The articles of incorporation of any...

Section 496B.13 - Board of directors. - 496B.13 Board of directors. 1. The board of directors shall...

Section 496B.14 - Earned surplus set aside. - 496B.14 Earned surplus set aside. Each year each development corporation...

Section 496B.15 - Deposit of funds. - 496B.15 Deposit of funds. No development corporation shall deposit any...

Section 496B.16 - Reports to department of economic development. - 496B.16 Reports to department of economic development. Repealed by 2006...

Section 496B.17 - Certificate to do business. - 496B.17 Certificate to do business. Upon the approval of the...

Section 496B.19 - Dissolution. - 496B.19 Dissolution. A development corporation may be dissolved upon the...

Section 496B.20 - State credit not available. - 496B.20 State credit not available. Under no circumstances is the...