Iowa Amendment to the articles of incorporation to eliminate par value
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How to fill out Amendment To The Articles Of Incorporation To Eliminate Par Value?
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FAQ
To make amendments to your Iowa articles of incorporation, submit amendments to the Iowa Secretary of State, Business Services (SOS). The document can be filed by mail, fax, or in person.
Par value means the minimum price at which a corporation can sell its shares to its shareholders. Setting a par value is required when forming a corporation in some states, but it is not required when forming a corporation in other states, such as Oregon.
490.1505 Activities not constituting doing business.
A par value of $0.01 for common stocks in finance means that the declared value of the common stock in the articles of incorporation is $0.01. The other term for par value is face value because it is the amount on the face of the corporation's charter or the stock certificate.
490.1106 Articles of merger or share exchange.
Time limits for most types of civil cases in Iowa range from two to five years, while most serious misdemeanors have a three-year statute of limitations.