1. Ifthe articles of incorporation or thischapterprovide for voting by asingle voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 490.725. 2. Ifthe articles of incorporation or this chapter provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 490.725. Action may be taken by different voting groups on a matter at different times.
‹ Prev All Iowa sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.