Iowa § 12K.3 - 12K.3 Divestment.
Full text of Iowa Iowa Code § 12K.3 — 12K.3 Divestment., with citation guidance and answers to common questions.
§ 12K.3. 12K.3 Divestment.
1. A public fund shall not acquire any direct holdings in publicly traded securities of a prohibited company. 2. a. A public fund shall sell, redeem, divest, or withdraw all direct holdings in publicly traded securities of a prohibited company no later than one hundred eighty days following the date the company is included on the prohibited companies list. b. This subsection shall not be construed to require the premature or otherwise imprudent sale, redemption, divestment, or withdrawal of an investment, but such sale, redemption, divestment, or withdrawal shall be completed as provided by this subsection. 2023 Acts, ch 58, §6 Referred to in §12K.4, 12K.6 Wed Dec 10 21:59:37 2025 Iowa Code 2026, Section 12K.3 (2, 0)
Frequently Asked Questions About Iowa § 12K.3
What does Iowa Code § 12K.3 cover?
Section 12K.3 ("12K.3 Divestment.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 12K.3?
A common citation format is "Iowa Code § 12K.3" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 12K.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.