Iowa Code
Chapter 501 - CLOSED COOPERATIVES
Section 501.201 - Cooperative formation.

501.201 Cooperative formation.
Three or more individuals may organize a cooperative under this chapter by executing and delivering articles to the secretary of state.
96 Acts, ch 1010, §11

Structure Iowa Code

Iowa Code

Title XII - BUSINESS ENTITIES

Chapter 501 - CLOSED COOPERATIVES

Section 501.101 - Definitions.

Section 501.102 - Purposes and powers.

Section 501.103 - Permissible members — limited farming activities.

Section 501.104 - Name.

Section 501.105 - Execution and filing of documents.

Section 501.105A - Secretary of state — extra services — surcharge.

Section 501.106 - Registered office and registered agent.

Section 501.107

Section 501.108 - Quo warranto.

Section 501.201 - Cooperative formation.

Section 501.202 - Documents of organization.

Section 501.203 - Amended and restated documents of organization.

Section 501.204 - Bylaws.

Section 501.301 - Liability of members.

Section 501.302 - Calling and notice of meetings.

Section 501.303 - Conduct of meetings.

Section 501.303A - Remote participation in meetings of members.

Section 501.304 - Member information.

Section 501.305 - Multiple membership prohibited.

Section 501.306 - Number of votes.

Section 501.307 - Financial information.

Section 501.401 - Number and election.

Section 501.402 - Vacancies.

Section 501.403 - Board action.

Section 501.404 - Director conflict of interest.

Section 501.405 - Officers.

Section 501.406 - Standards of conduct.

Section 501.407 - Personal liability — indemnification.

Section 501.408

Section 501.411 - Definitions.

Section 501.412 - Permissible indemnification.

Section 501.413 - Mandatory indemnification.

Section 501.414 - Advance for expenses.

Section 501.415 - Court-ordered indemnification.

Section 501.416 - Determination and authorization of indemnification.

Section 501.417 - Indemnification of officers.

Section 501.418 - Insurance.

Section 501.419 - Variation by corporate action — application of this part.

Section 501.420 - Exclusivity.

Section 501.501 - Issuance and transfer of interests.

Section 501.502 - Termination of membership.

Section 501.503 - Distribution of net savings.

Section 501.601 - Existing associations.

Section 501.602

Section 501.603 - Sale of assets.

Section 501.604

Section 501.611 - Definitions.

Section 501.612 - Merger.

Section 501.613 - Consolidation.

Section 501.614 - Vote of members.

Section 501.615 - Objection of members — purchase of interests upon demand.

Section 501.616 - Value determined.

Section 501.617 - Articles of merger or consolidation.

Section 501.618 - Effective date — effect.

Section 501.619 - Abandonment before filing.

Section 501.701 - Records.

Section 501.702 - Inspection of records by interest holders.

Section 501.703 - Scope of inspection right.

Section 501.704 - Court-ordered inspection.

Section 501.711 - Financial statements for interest holders.

Section 501.712 - Other reports to interest holders.

Section 501.713 - Biennial report for secretary of state.

Section 501.801 - Dissolution by organizers or initial directors.

Section 501.802 - Dissolution by board of directors and members.

Section 501.803 - Articles of dissolution.

Section 501.804 - Revocation of dissolution.

Section 501.805 - Effect of dissolution.

Section 501.806 - Distribution of assets.

Section 501.807 - Known claims against dissolved cooperative.

Section 501.808 - Unknown claims against dissolved cooperative.

Section 501.811 - Grounds for administrative dissolution.

Section 501.812 - Procedure for and effect of administrative dissolution.

Section 501.813 - Reinstatement following administrative dissolution.

Section 501.814 - Appeal from denial of reinstatement.

Section 501.821 - Grounds for judicial dissolution.

Section 501.822 - Procedure for judicial dissolution.

Section 501.823 - Receivership or custodianship.

Section 501.824 - Decree of dissolution.

Section 501.831 - Deposit with state treasurer.