{"data":{"id":"us-ia/iowa-code-492.2","jurisdiction":"us-ia","citation":"Iowa Code § 492.2","heading":"Effect of violation.","body":"Any certificate of stock issued, delivered, or transferred in violation of section 492.1 when the corporation has not received payment therefor at par in money or property at a valuation approved by the executive council, shall be void, and the issuance, delivery, or transfer of each certificate shall be considered a separate transaction.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 492 - CAPITAL STOCK"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/492.2.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"8e253c6ce35c0f923af22ea8e92b8f36885084695967e37093238978ff27328d","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-492.1","next":"us-ia/iowa-code-492.3"},"notice":"GroundRules: Original legal text. Not legal advice."}