Duty of trustees.

Iowa Code § 660.7, under QUO WARRANTO.

Iowa Code § 660.7

The trustees shall proceed immediately to collect the debts and pay the liabilities of the corporation, and to divide the surplus among those thereto entitled. [C51, §2169; R60, §3751; C73, §3363; C97, §4331; C24, 27, 31, 35, 39, § 12435; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §660.7 ]