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§ 504.632 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 504.632

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504.632 Standing. A derivative proceeding may be brought by any of the following persons: 1. A member or members of the corporation representing five percent or more of the voting power of the corporation or by fifty members, whichever is less. 2. A director of the corporation. 2004 Acts, ch 1049, §47, 192