Iowa Admin. Code r. 261-56.1
Current through Register Vol. 47, No. 11, December 11, 2024
The authority is authorized to provide financial and technical assistance to businesses interested in establishing an employee stock ownership plan (ESOP). The purpose of this chapter is to create a program that will assist a business by (1) helping to determine whether an ESOP is a feasible form of ownership and (2) providing assistance to reduce the cost of forming an ESOP when it is feasible.
Iowa Admin. Code r. 261-56.1