{"data":{"id":"us-ia/iowa-code-499.39","jurisdiction":"us-ia","citation":"Iowa Code § 499.39","heading":"Referendum.","body":"If provided for in the articles of incorporation, any action of directors shall, on demand of one-third of the directors made and recorded at the same meeting, be referred to a regular or special meeting of members called for such purpose. Such action shall stand until and unless annulled by a majority of the votes cast at such meeting, which vote shall not impair rights of third parties previously acquired.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 499 - COOPERATIVE ASSOCIATIONS","Subchapter I - GENERAL PROVISIONS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/499.39.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"41da20ecf50b046dc43bcb84310056bb4f3657acb2679b3424d2a7add9187739","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-499.38","next":"us-ia/iowa-code-499.40"},"notice":"GroundRules: Original legal text. Not legal advice."}