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Iowa Code Title XII. Business Entities [Chs. 486-504C] § 491.40. Fraud--penalty for

Current as of January 01, 2024 | Updated by FindLaw Staff

Intentional fraud in failing to comply substantially with the articles of incorporation, or in deceiving the public or individuals in relation to their means or their liabilities, shall be a fraudulent practice. Any person who has sustained injury from such fraud may also recover damages therefor against those guilty of participating in such fraud.

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Cite this article: FindLaw.com - Iowa Code Title XII. Business Entities [Chs. 486-504C] § 491.40. Fraud--penalty for - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xii-business-entities-chs-486-504c/ia-code-sect-491-40/

Read this complete Iowa Code Title XII. Business Entities [Chs. 486-504C] § 491.40. Fraud--penalty for on Westlaw. Westlaw subscription required.

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