Iowa Code 504B.1 – Corporations applicable
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Iowa Code 504B.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
504B.1 Corporations applicable.
This chapter shall apply to every corporation organized under chapter 504, Code 1989, or current chapter 504, which corporation is deemed to be a private foundation as defined in section 509 of the Internal Revenue Code, which is incorporated in the state of Iowa after December 31, 1969, and as to any such corporation organized in this state before January 1,
1970, it shall apply only for its federal taxable years beginning on or after January 1, 1972. [C73, 75, 77, 79, 81, §504B.1]
2003 Acts, ch 108, §94; 2004 Acts, ch 1049, §191; 2004 Acts, ch 1175, §394
This chapter shall apply to every corporation organized under chapter 504, Code 1989, or current chapter 504, which corporation is deemed to be a private foundation as defined in section 509 of the Internal Revenue Code, which is incorporated in the state of Iowa after December 31, 1969, and as to any such corporation organized in this state before January 1,
1970, it shall apply only for its federal taxable years beginning on or after January 1, 1972. [C73, 75, 77, 79, 81, §504B.1]
2003 Acts, ch 108, §94; 2004 Acts, ch 1049, §191; 2004 Acts, ch 1175, §394