GroundRules
← Search the law
Iowa · Through Iowa Code 2026 edition

Iowa Code § 501A.708: Action of board of directors.

Read at publisher ↗
Where this section sits in the code
  1. Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)
  2. Chapter 501A - COOPERATIVE ASSOCIATIONS ACT
  3. Subchapter VII - DIRECTORS — LIABILITY AND INDEMNIFICATION — OFFICERS
  4. Part 1 - DIRECTORS

1. Except as provided in subsection 2, the board shall only take action at a duly held meeting by the affirmative vote of any of the following:

a. A majority of directors present at the meeting.

b. A majority of the directors’ voting power present at the meeting.

2. The articles or bylaws may require the affirmative vote of a larger vote than provided in subsection 1. If the articles or bylaws require a larger vote than is required by this chapter for a particular action, the articles or bylaws control.

Collected 2026-09-14T19:40:12Z. Source file · JSON

Browse this collection