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Terms Used In Iowa Code 513.1

  • 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.
513.1 Exemption.
Unless specific reference is made thereto, no provision of this subtitle shall include or apply to domestic societies which limit their membership to the employees of:
1. A particular city or
2. A designated firm, business house, or corporation.
[C24, 27, 31, 35, 39, §8894; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §513.1]