{"data":{"id":"us-ia/iowa-code-490.745","jurisdiction":"us-ia","citation":"Iowa Code § 490.745","heading":"Discontinuance or settlement.","body":"A derivative proceeding shall not be discontinued or settled without the court’s approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation’s shareholders or a class or series of shareholders, the court shall direct that notice be given to the shareholders affected.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 490 - BUSINESS CORPORATIONS","Subchapter VII - SHAREHOLDERS","Part 4 - DERIVATIVE PROCEEDINGS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/490.745.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"78a99924a03b73cc6f80c898232fc067ad76e0431674ed0b3f4b292558a6a6fd","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-490.744","next":"us-ia/iowa-code-490.746"},"notice":"GroundRules: Original legal text. Not legal advice."}