Iowa Code 521I.13 – Shareholder appraisal rights
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Terms Used In Iowa Code 521I.13
- Appraisal: A determination of property value.
- 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.
521I.13 Shareholder appraisal rights.
If a dividing insurer does not survive a division, an objecting shareholder of the dividing insurer is entitled to appraisal rights and to obtain payment of the fair value of such shareholder’s shares in the same manner and to the extent provided for a corporation as a party to a merger pursuant to § 490.1302.
2019 Acts, ch 20, §13
Referred to in §521I.11
If a dividing insurer does not survive a division, an objecting shareholder of the dividing insurer is entitled to appraisal rights and to obtain payment of the fair value of such shareholder’s shares in the same manner and to the extent provided for a corporation as a party to a merger pursuant to § 490.1302.
2019 Acts, ch 20, §13
Referred to in §521I.11