Iowa Code § 501.401

Number and election
Open in Lexace · Ask the AI about this section
1. Theaffairs of a cooperative shall be managed by a board ofnotlessthan three directors. 2. The members shall elect the directors as prescribed in the articles or bylaws. 3. Each director shall serve the term prescribed in the articles or bylaws. The terms may be staggered.

‹ 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.