Iowa Code 501A.905 – Lost certificates — replacement
Current as of: 2023 | Check for updates
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1.
Issuance.
A new membership interest certificate may be issued under section 554.8405 in place of one that is alleged to have been lost, stolen, or destroyed.
Terms Used In Iowa Code 501A.905
- Membership interest: includes patron membership interests and nonpatron membership interests. See Iowa Code 501A.102
2.
Not overissue.
The issuance of a new certificate under this section does not constitute an overissue of the membership interests the new certificate represents.