Iowa Code § 491.57: Sinking fund and loaning thereof.
Where this section sits in the code
- Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)
- Chapter 491 - CORPORATIONS FOR PECUNIARY PROFIT
- Subchapter I - GENERAL PROVISIONS
For the purpose of repairs, rebuilding, enlarging, or to meet contingencies, or for the purpose of creating a sinking fund, the corporation may set apart a sum which it may loan, and take proper securities therefor.
Collected 2026-09-14T19:40:12Z. Source file · JSON