Iowa Code § 490.626

Shares without certificates
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1. Unless the articles of incorporation or bylaws provide otherwise, the board of directors of a corporation may authorize the issuance of some or all of the shares of any or all of itsclasses or series without certificates. The authorization does not affect shares already represented by certificates until they are surrendered to the corporation. 2. Within a reasonabletime after theissuance or transfer ofshares without certificates,the corporation shall deliver to the shareholder a written statement of the information required on certificates by section 490.625, subsections 2 and 3,and, if applicable, section 490.627.

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