State Codes and Statutes
Statutes > Iowa > Title-15 > Subtitle-5 > Chapter-660 > 660-7 660.7 DUTY OF TRUSTEES. The trustees shall proceed immediately to collect the debts and pay the liabilities of the corporation, and to divide the surplus among those thereto entitled.
Section History: Early Form [C51, § 2169; R60, § 3751; C73, § 3363; C97, § 4331; C24, 27, 31, 35, 39, § 12435; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 660.7]