493.7 - CERTIFICATES OF STOCK. - Iowa Statutes

493.7 CERTIFICATES OF STOCK. Each stock certificate issued for shares without nominal or par value shall have plainly written or printed upon its face the number of shares which it represents, and the number of such shares the corporation is authorized to issue, and no such certificate shall state any nominal or par value of such shares or express any rate of dividend to which it shall be entitled in terms of percentage of any par or other value.          Section History: Early Form [C31, 35, § 8419-c7; C39, § 8419.07; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 493.7]