GroundRules
Iowa Code § 501B.18: Duties of member.
Where this section sits in the code
- Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)
- Chapter 501B - REVISED UNIFORM UNINCORPORATED NONPROFIT ASSOCIATION ACT
1. A member does not have a fiduciary duty to an unincorporated nonprofit association or to another member solely by being a member.
2. A member shall discharge the duties to the unincorporated nonprofit association and the other members and exercise any rights under this chapter consistent with the governing principles and the obligation of good faith and fair dealing.
Collected 2026-09-14T19:40:12Z. Source file · JSON