512A.6 Contributions for expenses.
Such associations may operate without the establishment of reserves or surplus except for current expenses. Contributions for expenses shall be added as a separate item to contributions for membership benefits. A reasonable membership fee to cover initial expenses may be charged.
[C71, 73, 75, 77, 79, 81, ยง512A.6]
Structure Iowa Code
Chapter 512A - BENEVOLENT ASSOCIATIONS
Section 512A.2 - Rules promulgated.
Section 512A.3 - Incorporation mandatory.
Section 512A.4 - Records of transactions.
Section 512A.5 - Fees to commissioner.
Section 512A.6 - Contributions for expenses.
Section 512A.7 - Certificate of membership.
Section 512A.9 - Incorporation of benevolent associations prohibited.
Section 512A.10 - Articles, amendments to articles, and bylaws.