CHAPTER490

1 1 BUSINESSCORPORATIONS,Ch490 CHAPTER490 BUSINESSCORPORATIONSR eferredtoin , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , extraservices ,service, ;2021 Acts,ch165, 12,216, :19:422022 IowaCode2023, CHAPTER490 (134,1)Ch490, ,options,warrants, ,ch165, 217, ;2021 Acts,ch165, 216, :19:422022 IowaCode2023, CHAPTER490 (134,1)3 BUSINESSCORPORATIONS, ;2018 Acts,ch1015, ;2018 Acts,ch1015, ;2021 Acts,ch165, 105,216, :19:422022 IowaCode2023, CHAPTER490 (134,1)Ch490, ;2018 Acts,ch1015, ,ch165, 217, ,ch165, 217, ,ch165, 217, ,ch165, 217, ,ch1154, 123, :19:422022 IowaCode2023, CHAPTER490 (134,1)5 BUSINESSCORPORATIONS, ,ch165, 217, ,ch165, 217, ,ch165, 217, ,ch165, 217, ,ch165, 217, ,ch165, 217, ;2021 Acts,ch165, 205,216, :19:422022 IowaCode2023, CHAPTER490 (134,1)Ch490, IowaBusinessCorporationAct .89 Acts,ch288, 1;2021 Acts,ch165, 1, ,ch288, ,andofanyothersectionthataddstoorvariest heserequirements, ,ifelectronicallytransmitted, , ,subsection3, ,itspresident, , ,trustee,orothercourt-appointedfiduciary , :19:422022 IowaCode2023, CHAPTER490 (134,1)7 BUSINESSCORPORATIONS, ssignaturetheperson ,attestation,acknowledgment, , ,subsection1, , ,thecorrectfilingfee,andanyfranchisetax, licensefee, , :(1)Anyofthefollowingthatisavailableinan ationallyrecognizednewsorinformationmedi umeitherinprintorelectronically:statisti calormarketindices,marketpricesofanysecu rityorgroupofsecurities,interestrates,cu rrencyexchangerates,orsimilareconomicorf inancialdata.

2 (2)Adeterminationoractionbyanypersonorbo dy,includingthecorporationoranyotherpart ytoaplanorfileddocument.(3)Thetermsof,or actionstakenunder,anagreementtowhichthec orporationisaparty, :(1) Fileddocument (2) Plan meansaplanofdomestication,conversion,mer ger, :(1)Thenameandaddressofanypersonrequired inafileddocument.(2)Theregisteredofficeo fanyentityrequiredinafileddocument.(3)Th eregisteredagentofanyentityrequiredinafi leddocument.(4)Thenumberofauthorizedshar esanddesignationofeachclassorseriesofsha res.(5)Theeffectivedateofafileddocument. (6) ,andthatfactisneitherascertainablebyrefe rencetoasourcedescribedinparagraph b ,subparagraph(1),noradocumentthatisamatt erofpublicrecord,andtheaffectedsharehold ershavenotreceivednoticeofthefactfromthe corporation, e aredeemedtobeThuDec2917:19:422022 IowaCode2023, CHAPTER490 (134,1) , ,ch288, 3;90 Acts,ch1205, 16;2002 Acts,ch1154, 1,2,125;2007 Acts,ch140, 1;2012 Acts,ch1023, 157;2019 Acts,ch20, 16;2019 Acts,ch24, 104;2021 Acts,ch165, 2,230;2022 Acts,ch1058, 8 Referredtoin , , , , , , , , , , extraservices ,thesecretaryofstateshallprovideanextraf ilingserviceandassessasurchargeasprovide dinchapter9, ,ch165, :(1)Anapplicationforacertificateofexiste nceorcertificateofregistration.

3 (2)Aforeigncorporation sregistrationstatement.(3)Aforeigncorpor ation sstatementofwithdrawal.(4)Aforeigncorpor ation stransferofregistrationstatement.(5) ,useoftheformsprovidedinparagraph a ,ch288, 4;96 Acts,ch1170, 2;97 Acts,ch171, 5;2012 Acts,ch1023, 157;2021 Acts,ch165, 3,230 Referredtoin ,service, $ $ $ $ $ $ $ $ $ $ $ $50 ThuDec2917:19:422022 IowaCode2023, CHAPTER490 (134,1)9 BUSINESSCORPORATIONS, $ $ $ $ $ $ $ $ $ $ $ $ ,ch288, 5;90 Acts,ch1205, 17;97 Acts,ch171, 6;2008 Acts,ch1162, 116,155;2021 Acts,ch165, 4,230 Referredtoin , , , , , , ;2000 Acts,ch1231, 32;2010 Acts,ch1189, 24;2011 Acts,ch127, 27,85;2012 Acts,ch1131, 28;2013 Acts,ch135, 24,52;2015 Acts,ch141, 22,60,67,68;2017 Acts,ch171, 23,50;2019 Acts,ch136, 23;2020 Acts,ch1121, 1;2021 Acts,ch142, 23;2022 Acts,ch1140, ,subsection3,andpart5, , , ,iflaterthanthetimeunderparagraph a . ,butnotimeisspecified,at12 , , ,ch288, 6;2002 Acts,ch1154, 3,125;2021 Acts,ch165, 5,230 Referredtoin , , , , , , , , ,attested,sealed,verified, :ThuDec2917:19:422022 IowaCode2023, CHAPTER490 (134,1) , :(1)Describethedocument,includingitsfili ngdate,oracopyofthedocumentisattachedtot hearticlesofcorrection.

4 (2)Specifytheinaccuracyordefecttobecorre cted.(3) , ,ch288, 7;2002 Acts,ch1154, 4,125;2021 Acts,ch165, 6,230 Referredtoin , , , , , ,itshallbereturnedtothepersonwhodelivere dthedocumentforfilingwithinfivedaysafter thedocumentwasdelivered,togetherwithabri ef, ,ch288, 8;96 Acts,ch1170, 3;97 Acts,ch171, 7;2002 Acts,ch1154, 5,125;2021 Acts,ch165, 7,230 Referredtoin ,thepersonthatdeliveredthedocumentforfil ingmaypetitionthedistrictcourtofthecount ywherethecorporation sprincipalofficeor,ifnoneinthisstate, ,ch288, 9;2021 Acts,ch165, 8, ,ch288, 10;90 Acts,ch1205, 18;2002 Acts,ch1154, 6,125;2021 Acts,ch165, 9, ,thedateofitsincorporation, :19:422022 IowaCode2023, CHAPTER490 (134,1)11 BUSINESSCORPORATIONS, ,taxes,andpenaltiesowedtothisstatehavebe enpaid,subjecttoallofthefollowing:(1)Pay mentisreflectedintherecordsofthesecretar yofstate.(2) ,taxes,andpenaltiesowedtothisstatehavebe enpaid,subjecttoallofthefollowing:(1)Pay mentisreflectedintherecordsofthesecretar yofstate.

5 (2) , ,ch288, 11;90 Acts,ch1205, 19;97 Acts,ch171, 8;2021 Acts,ch165, 10, ,ch288, 12;2021 Acts,ch165, 11, ,ch288, 14CS89, ,ch165, 12,216,230C2022, ;2021 Acts,ch165, 12,216, :19:422022 IowaCode2023, CHAPTER490 (134,1) , ,unlessotherwisespecified:1. Articlesofincorporation ,allamendmentstothearticlesofincorporati on,andanyotherdocumentspermittedorrequir edtobedeliveredforfilingbyadomesticbusin esscorporationwiththesecretaryofstateund eranyprovisionofthischapterthatmodify,am end,supplement,restate, , ,the articlesofincorporation Authorizedshares Beneficialshareholder meansapersonwhoownsthebeneficialinterest inshares, Conspicuous meanssowritten,displayed, Cooperativeassociation 1381(a) 1141j(a) Corporation , domesticcorporation , businesscorporation ,or domesticbusinesscorporation meansacorporationforprofit,whichisnotafo reigncorporation, Deliver or delivery meansanymethodofdeliveryusedinconvention alcommercialpractice,includingdeliveryby hand,mail,commercialdelivery,and, , Distribution meansadirectorindirecttransferofcashorot herproperty,exceptacorporation sownshares, ;apurchase,redemption,orotheracquisition ofshares;adistributionofindebtedness;adi stributioninliquidation.

6 Document ,andincludeshandwritten,typed,printedors imilarinstruments, Domestic ,withrespecttoanentity, Effectivedate ,whenreferringtoadocumentacceptedforfili ngbythesecretaryofstate, Electronic meansrelatingtotechnologyhavingelectrica l,digital,magnetic,wireless,optical,elec tromagnetic, Electronicmail Electronicmailaddress meansadestination,commonlyexpressedasast ringofcharacters,consistingofauniqueuser nameormailbox,commonlyreferredtoasthe localpart oftheaddress,andareferencetoaninternetdo main,commonlyreferredtoasthe domainpart oftheaddress,whetherornotdisplayed, Electronicrecord meansinformationthatisstoredinanelectron icorothernontangiblemediumandisretrievab leinpaperformthroughanautomatedprocessus edinThuDec2917:19:422022 IowaCode2023, CHAPTER490 (134,1)13 BUSINESSCORPORATIONS, , , Electronictransmission or electronicallytransmitted meansanyformorprocessofcommunicationnotd irectlyinvolvingthephysicaltransferofpap eroranothertangiblemedium, ,retrieval, , , Eligibleentity Eligibleinterests Employee Entity includesadomesticandforeignbusinesscorpo ration;domesticandforeignnonprofitcorpor ation;estate;trust;domesticandforeignuni ncorporatedentity.

7 Andastate,theUnitedStates, Expenses meansreasonableexpensesofanykind,includi ngreasonablefeesandexpensesofcounselande xperts, Filingentity meansanunincorporatedentity,otherthanali mitedliabilitypartnership, Foreign ,withrespecttoanentity, Foreigncorporation or foreignbusinesscorporation Foreignnonprofitcorporation Foreignregistrationstatement Governmentalsubdivision includesanauthority,city,county,district , Governor Includes and including Individual Interest ,otherthanasanagent,assignee,proxy, Interestholder Interestholderliability meansanyofthefollowing:(1)Personalliabil ityforadebt,obligation,orotherliabilityo fadomesticorforeigncorporationoreligible entitythatisimposedonapersonbyanyofthefo llowing:(a)Solelybyreasonoftheperson sstatusasashareholder,member,orinteresth older.(b)Bythearticlesofincorporationoft hedomesticcorporationortheorganicrulesof theeligibleentityorforeigncorporationtha tmakeoneormorespecifiedshareholders,memb ers,orinterestholders,orcategoriesofshar eholders,members,orinterestholders,liabl eintheircapacityasshareholders,members,o rinterestholdersforallorspecifiedliabili tiesofthecorporationoreligibleentity.

8 (2)Anobligationofashareholder,member,ori nterestholderunderthearticlesofThuDec291 7:19:422022 IowaCode2023, CHAPTER490 (134,1) , a ,exceptasotherwiseprovidedinthearticleso fincorporationofadomesticcorporationorth eorganiclawororganicrulesofaneligibleent ityoraforeigncorporation,interestholderl iabilityarisesunderparagraph a ,subparagraph(1), Jurisdictionofformation Means Membership Merger Nonfilingentity Nonprofitcorporation or domesticnonprofitcorporation Organiclaw Organicrules Person Principaloffice meanstheoffice,inoroutofthisstate, Privateorganicrules meansanyofthefollowing:(1)Thebylawsofado mesticorforeignbusinessornonprofitcorpor ation.(2)Therules,regardlessofwhetherinw riting,thatgoverntheinternalaffairsofanu nincorporatedentity,arebindingonallofits interestholders,andarenotpartofitspublic organicrecord, , Proceeding includesacivilsuitandcriminal,administra tive, Publicorganicrecord meansanyofthefollowing:(1)Thearticlesofi ncorporationofadomesticorforeignbusiness ornonprofitcorporation.

9 (2)Thedocument,ifany,thefilingofwhichisr equiredtocreateanunincorporatedentity, , Recorddate meansthedatefixedfordeterminingtheidenti tyofthecorporation , Recordshareholder Registeredforeigncorporation Secretary ,subsection3, Shareexchange :19:422022 IowaCode2023, CHAPTER490 (134,1)15 BUSINESSCORPORATIONS, Shareholder Shares Sign or signature means,withpresentintenttoauthenticateora doptadocument, ,includinganymanual,facsimile, ,symbol,orprocess, State ,whenreferringtoapartoftheUnitedStates,i ncludesastateandcommonwealth,andtheirage nciesandgovernmentalsubdivisions,andater ritoryandinsularpossession,andtheiragenc iesandgovernmentalsubdivisions, Subscriber meansapersonwhosubscribesforsharesinacor poration, Typeofentity , Unincorporatedentity meansanorganizationorartificiallegalpers onthateitherhasaseparatelegalexistenceor hasthepowertoacquireanestateinrealproper tyinitsownnameandthatisnotanyofthefollow ing:(1)Adomesticorforeignbusinessornonpr ofitcorporation.

10 (2)Aseriesofalimitedliabilitycompanyorof anothertypeofentity.(3)Anestate.(4)Atrus t.(5)Astate,theUnitedStates, Unincorporatedentity includesageneralpartnership,limitedliabi litycompany,limitedpartnership,businesst rust,jointstockassociation, UnitedStates includesadistrict,authority,bureau,commi ssion,department, Unrestrictedvotingtrustbeneficialowner means,withrespecttoanyshareholderrights, Votinggroup Votingpower Votingtrustbeneficialowner , Writing or written ,ch288, 15;91 Acts,ch211, 3;97 Acts,ch171, 9;2001 Acts,ch142, 1;2002 Acts,ch1154, 7,8,125;2007 Acts,ch140, 2;2011 Acts,ch2, 1,10;2013 Acts,ch31, 1,2,82;2019 Acts,ch24, 73,104;2021 Acts,ch165, 13,230;2022 Acts,ch1058, 1,5 Referredtoin , 56renumberedas15 58[()]Formersubsection57amendedandrenumb eredas59 Formersubsections58 62renumberedas60 , ,exceptthatanoticeorothercommunicationby electronictransmissionmustbeinaccordance withthisThuDec2917:19:422022 IowaCode2023, CHAPTER490 (134,1) , ,anoticeorothercommunicationfromacorpora tionmaybegivenbymeansofabroadnonexclusio narydistributiontothepublic,whichmayincl udeanewspaperofgeneralcirculationinthear eawherepublished;radio,television,orothe rformofpublicbroadcastcommunication; sregisteredagentatitsregisteredofficeort othesecretaryatthecorporation ,inthecaseofaforeigncorporationthathasno tyetdeliveredabiennialreport, ,subsection4, , ,thetransferagent,oranotherpersonrespons ibleforthegivingofnoticesorothercommunic ationsforthecorporation.