Iowa Code § 499.37

Officers
Open in Lexace · Ask the AI about this section
1. The board of directors of the association shall select the association’s officers as provided in its articles of incorporation or bylaws, and shall fillvacancies in such offices. The articles of incorporation or bylaws shall delegate to an officer the responsibility for all of the following: a. Preparing minutes of meetings of the directors and the shareholders. b. Authenticating the association’s records. 2. Unless the association’s articles of incorporation or bylaws otherwise provide, the association’s officers shall serve for annual terms beginning at the close of the first regular meeting of members in each year.

‹ 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.