498.12 Certificates nontransferable — surrender.
No such certificate shall be transferable by the member to any other person, but shall be surrendered to the association in case of the member’s voluntary withdrawal.
[C24, 27, 31, 35, 39, §8496; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §498.12]
Referred to in §498.14
Structure Iowa Code
Chapter 498 - NONPROFIT COOPERATIVE ASSOCIATIONS
Section 498.2 - Purposes of cooperative — limitation.
Section 498.3 - Terms defined — products of nonmembers.
Section 498.4 - Articles — personal liability.
Section 498.5 - Filing — certificate of incorporation.
Section 498.8 - Board of directors — removals.
Section 498.10 - Admission of members.
Section 498.11 - Membership certificates.
Section 498.12 - Certificates nontransferable — surrender.
Section 498.13 - Automatic cancellation — revocation.
Section 498.14 - Conditions printed on certificates.
Section 498.15 - Combinations of local associations.
Section 498.16 - Powers of central associations.
Section 498.17 - Voting power.
Section 498.18 - Proxies — voting by mail.
Section 498.19 - Power to compel sales and purchases — liquidated damages.
Section 498.20 - Financial power.
Section 498.21 - Personal liability.
Section 498.22 - Cost of service — dues.
Section 498.23 - Reserve and educational funds — patronage dividends.
Section 498.24 - Biennial report — penalty.
Section 498.25 - Exemption from report.
Section 498.26 - List of delinquents.
Section 498.27 - Notice to delinquents.
Section 498.28 - Cancellation.
Section 498.29 - Effect of cancellation.
Section 498.30 - Reinstatement of corporation.
Section 498.31 - Chapter extended to former associations.
Section 498.32 - Use of term “cooperative” — injunction.
Section 498.33 - Use of funds — promotion expenses.
Section 498.34 - Duration of incorporation — renewal.
Section 498.35 - Personal liability.