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Iowa Code (Last Updated: December 05, 2016) |
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Title XII. BUSINESS ENTITIES |
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Chapter 490. BUSINESS CORPORATIONS |
Section 490.124. Correcting filed documents.
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1. A domestic or foreign corporation may correct a document filed by the secretary of state if the document satisfies one of the following:
a. The document contains an inaccuracy.
b. The document was defectively executed, attested, sealed, verified, or acknowledged.
c. The electronic transmission was defective.
2. A document is corrected by complying with both of the following:
a. By preparing articles of correction that satisfy all of the following requirements:
(1) Describe the document, including its filing date, or attach a copy of it to the articles.
(2) Specify the inaccuracy or defect to be corrected.
(3) Correct the inaccuracy or defect.
b. By delivering the articles to the secretary of state for filing.
3. Articles of correction are effective on the effective date of the document they correct except as to persons relying on the uncorrected document and adversely affected by the correction. As to those persons, articles of correction are effective when filed.
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