508.39 Dividends. The directors or managers of a stock company, incorporated under the laws of this state, shall make no dividends except from the earned profits arising from their business, whichshall not include contributed capital or contributed surplus. 88 Acts, ch 1112, §603 Sat Dec 23 00:40:49 2023 Iowa Code 2024, Section 508.39 (17, 0)
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