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Iowa · Through Iowa Code 2026 edition

Iowa Code § 504B.3: Avoiding tax liability.

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Where this section sits in the code
  1. Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)
  2. Chapter 504B - NONPROFIT CORPORATIONS AND FEDERAL TAX LIABILITY

The articles of incorporation of every such corporation shall be deemed to contain a provision requiring such corporation to distribute, for the purposes specified in its articles of incorporation, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by section 4942(a) of the Internal Revenue Code.

Collected 2026-09-14T19:40:12Z. Source file · JSON

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