Iowa Code § 501.302

Calling and notice of meetings
Open in Lexace · Ask the AI about this section
1. A cooperative shall hold an annual member meeting at a time and place fixed in accordance with the bylaws. 2. The boardmay callspecialmember meetings, and the board shallcall aspecial member meeting upon the written demand of twenty percent of the members. 3. A cooperative shall give each member at least ten days’ advance notice of the time, place, and the issues to be considered at each member meeting. This notice may be given in person or by mail to the last known address of the member, or the notice requirement may be met by the member waiving the notice. 4. The record date for determining the members entitled to notice of and to vote at a member meeting isthe close of business on the day before the first notices for the meeting are delivered or mailed.

‹ 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.