Iowa Code § 490.142 (2026)

1. For purposes of this chapter, any of the following identified as a shareholder in a corporation’s current record of shareholders constitutes one shareholder:

a. Three or fewer co-owners.

b. A corporation, partnership, trust, estate, or other entity.

c. The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.

2. For purposes of this chapter, shareholdings registered in substantially similar names\n\nTue Dec 09 22:07:42 2025 Iowa Code 2026, Chapter 490 (142, 1) §490.142, BUSINESS CORPORATIONS 18\n\nconstitute one shareholder if it is reasonable to believe that the names represent the same person. 89 Acts, ch 288, §17; 2021 Acts, ch 165, §15, 230 \n