Iowa Code > Chapter 504 > § 504.1301 Iowa Code 504.1301 – Prohibited distributions Current as of: 2024 | Check for updates | Other versions Ask a business law question, get an answer ASAP!Thousands of highly rated, verified business lawyers.Click here to chat with a lawyer about your rights. Except as authorized by section 504.1302, a corporation shall not make any distributions. Previous sectionNext section Chapter 504 Contents