GroundRules
Iowa Code § 508.39: Dividends.
Where this section sits in the code
- Title XIII - COMMERCE (Ch. 505 - 554I)
- Chapter 508 - LIFE INSURANCE COMPANIES
The directors or managers of a stock company, incorporated under the laws of this state, shall make no dividends except from the earned profits arising from their business, which shall not include contributed capital or contributed surplus.
Collected 2026-09-14T19:40:13Z. Source file · JSON