The incorporators of the corporation formed under sections 15E.11, 15E.15 and 15E.16, shall be:
 1. The chairperson of the Iowa development commission.

Terms Used In Iowa Code 15E.14

  • 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.
 2. The director of the Iowa development commission.
 3. A member of the Iowa development commission selected by the chairperson.