Iowa Code § 491.22: Individual property liable.
Where this section sits in the code
- Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)
- Chapter 491 - CORPORATIONS FOR PECUNIARY PROFIT
- Subchapter I - GENERAL PROVISIONS
A failure to substantially comply with the foregoing requirements in relation to organization and publicity shall render the individual property of the stockholders liable for the corporate debts; but corporators and stockholders in railway and street railway companies shall be liable only for the amount of stock held by them therein.
Collected 2026-09-14T19:40:12Z. Source file · JSON