Iowa Code § 496B.14 - Earned surplus set aside
Each development corporation must set aside at least 10% of its prior year net earnings as earned surplus every year until the surplus reaches one-half of the paid-in capital stock.
- Jurisdiction
- United States — Iowa
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Updated
- Official source
- View official record ↗
surplus reserves
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
Iowa Code § 496B.14 - Earned surplus set aside
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign inLexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.