491.1 - WHO MAY INCORPORATE. - Iowa Statutes

491.1 WHO MAY INCORPORATE. Any number of persons may become incorporated under this chapter prior to July 1, 1971, for the transaction of any lawful business, but the incorporation confers no power or privilege not possessed by natural persons, except as provided in this chapter. All domestic corporations shall be organized under chapter 490, except as expressly provided otherwise in chapter 490.          Section History: Early Form [C51, § 673; R60, § 1150; C73, § 1058; C97, § 1607; C24, 27, 31, 35, 39, § 8339; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 491.1]          Section History: Recent Form 83 Acts, ch 101, § 106; 89 Acts, ch 83, § 65; 89 Acts, ch 288, § 186 Referred to in § 521A.14 Incorporation of mutual insurance holding companies resulting from reorganization of domestic mutual insurance companies, see §521A.14