{"data":{"id":"us-ia/iowa-code-501a.707","jurisdiction":"us-ia","citation":"Iowa Code § 501A.707","heading":"Quorum.","body":"A majority, or a larger or smaller portion or number provided in the articles or bylaws, of the directors currently holding office is a quorum for the transaction of business. In the absence of a quorum, a majority of the directors present may adjourn a meeting from time to time until a quorum is present. If a quorum is present when a duly called or held meeting is convened, the directors present may continue to transact business until adjournment, even though the withdrawal of a number of directors originally present leaves less than the proportion of number otherwise required for a quorum.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 501A - COOPERATIVE ASSOCIATIONS ACT","Subchapter VII - DIRECTORS — LIABILITY AND INDEMNIFICATION — OFFICERS","Part 1 - DIRECTORS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/501A.707.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"89d216134e6fc14154f9feb66a7270c4178831867bb16c6a6bfd5695cf7cf79b","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-501a.706","next":"us-ia/iowa-code-501a.708"},"notice":"GroundRules: Original legal text. Not legal advice."}