Expiration and closing of business.

  1. Law
  2. Iowa Code
  3. BUSINESS ENTITIES
  4. CORPORATIONS FOR PECUNIARY PROFIT
  5. Expiration and closing of business.

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491.56 Expiration and closing of business.

Corporations whose charters expire by limitation or the voluntary act of the stockholders may nevertheless continue to act for the purpose of winding up their affairs.

[C51, §694; R60, §1171; C73, §1080; C97, §1629; C24, 27, 31, 35, 39, §8392; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §491.56]


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