514.9A Certificate of authority — renewal. A certificate of authority of a corporation formed under this chapter expires on June 1 succeeding its issue and shall be renewed annually so long as the corporation transacts itsbusiness in accordance with all legal requirements. A corporation shall submit annually,on or before March 1, a completed application for renewal of its certificate of authority. Acorporation that fails to timely file an application for renewal shall pay an administrativepenalty of five hundred dollars to the treasurer of state for deposit as provided in section505.7. A duly certified copy or duplicate of the certificate is admissible in evidence for oragainst the corporation with the same effect as the original. 2006 Acts, ch 1117, §57; 2009 Acts, ch 181, §72 Sat Dec 23 00:44:16 2023 Iowa Code 2024, Section 514.9A (19, 0)
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