Statutes > Iowa Statutes > Title 12 - Business Entities > Subtitle 2 - Business and Professional Corporations and Companies > CHAPTER 493 - STOCK WITHOUT PAR VALUE > 493.2 - PAR VALUE -- METHOD OF STATING.

493.2 - PAR VALUE -- METHOD OF STATING.

        493.2  PAR VALUE -- METHOD OF STATING.         In any case, in which the par value of the shares of stock of a      corporation shall be required to be stated in the articles of      incorporation, or any amendment thereto, or in any other place, it      shall be stated in respect to shares without par value that such      shares are without par value, and when the amount of such stock      authorized, issued or outstanding shall be required to be stated, the      number of shares thereof authorized, issued or outstanding, as the      case may be, shall be stated, and it shall also be stated that such      shares are without par value.
         Section History: Early Form
         [C31, 35, § 8419-c2; C39, § 8419.02; C46, 50, 54, 58, 62, 66,      71, 73, 75, 77, 79, 81, § 493.2]