Iowa Code 501A.1206 – Application for court-supervised voluntary dissolution
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 501A.1206
- Address: means mailing address, including a zip code. See Iowa Code 501A.102
- Cooperative: means a business association organized under this chapter. See Iowa Code 501A.102
- Member: means a person or entity reflected on the books of a cooperative as the owner of governance rights of a membership interest of the cooperative and includes patron and nonpatron members. See Iowa Code 501A.102
- Secretary: means the secretary of state. See Iowa Code 501A.102
After a notice of intent to dissolve has been filed with the secretary and before a certificate of dissolution has been issued, the cooperative or, for good cause shown, a member or creditor may apply to a court within the county where the registered address is located to have the dissolution conducted or continued under the supervision of the court.