{"data":{"id":"us-ia/iowa-code-490.301","jurisdiction":"us-ia","citation":"Iowa Code § 490.301","heading":"Purposes.","body":"1. A corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.\n2. A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under this chapter only if permitted by, and subject to all limitations of, the other statute.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 490 - BUSINESS CORPORATIONS","Subchapter III - PURPOSES AND POWERS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/490.301.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"10d8ff7cef36551d634f9a3d4bd1284d78d1315bcbc7246fe5e1c6d36ec472ce","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-490.300","next":"us-ia/iowa-code-490.302"},"notice":"GroundRules: Original legal text. Not legal advice."}