Section 489.1002 - Relationship of subchapter to other laws1. This subchapter does not authorize an act prohibited by, and does not affect the application or requirements of, law other than this subchapter.2. A transaction effected under this subchapter shall not create or impair a right, duty, or obligation of a person under the statutory law of this state other than this subchapter relating to a change in control, takeover, business combination, control-share acquisition, or similar transaction involving a domestic merging, acquired, converting, or domesticating business corporation unless any of the following applies: a. If the corporation does not survive the transaction, the transaction satisfies any requirements of the law.b. If the corporation survives the transaction, the approval of the plan is by a vote of the shareholders or directors which would be sufficient to create or impair the right, duty, or obligation directly under the law.Amended by 2023 Iowa, ch 152, s 81, eff. 1/1/2024.2008 Acts, ch 1162, §72, 155Referred to in §489.14604, 489.14605
Former §489.1002 stricken effective January 1, 2024, by 2023 Acts, ch 152, §81, 161
Section effective January 1, 2024; 2023 Acts, ch 152, §161
NEW section