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Iowa – HB 469, effective January 1, amends the Business Corporation Act

House Bill (HB) 469 signed by the governor April 5 and effective January 1 amends the Business Corporation Act with respect to organization and operation and providing for the relationship between shareholders, directors and officers. The bill text can be accessed at  http://coolice.legis.iowa.gov/Legislation/85thGA/enrolled/HF469.html