§ 591.16

591.16 Nonprofit corporate renewal legalized. 1. In all cases wherein any corporation organized under chapter 2 of Title IX, Code of 1897, or chapter 394 of the Codes of 1924, 1927, 1931, 1935 and 1939, or chapter 504of the Codes of 1946, 1950, 1954, 1958 and 1962, or purporting to have been organized,reincorporated or renewed thereunder, whose articles of incorporation, either original or onrenewal or reincorporation, are filed with the secretary of state has thereafter taken actionto reincorporate or renew its period of existence and has filed with the secretary of statearticles of incorporation on renewal or reincorporation with a certificate or proof of theadoption thereof and has paid all fees in connection therewith and has heretofore receiveda certificate from the secretary of state approving said articles of incorporation filed onrenewal or reincorporation, the acts, franchises, rights, privileges and corporate existenceof any such corporation for the period provided by any such renewal or reincorporation butnot in excess of the period permitted by law and the articles of incorporation adopted onsuch renewal or reincorporation, as filed in the office of the secretary of

such renewal or reincorporation butnot in excess of the period permitted by law and the articles of incorporation adopted onsuch renewal or reincorporation, as filed in the office of the secretary of state, are herebylegalized and validated and shall have the same force and effect as if all the laws of this staterelating to the organization or reincorporation of such corporations and the renewal of theircorporate existence by reincorporation or renewal had been strictly complied with. 2. This section shall not operate to revive rights or claims previously barred and shall not permit an action to be brought or maintained upon any claim or cause of action which wasbarred by any statute which was in force prior to April 3, 1964. [C66, 71, 73, 75, 77, 79, 81, §591.16]2021 Acts, ch 76, §150; 2022 Acts, ch 1032, §99 Sat Dec 23 11:09:15 2023 Iowa Code 2024, Section 591.16 (20, 0)