Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 501A - COOPERATIVE ASSOCIATIONS ACT

Section 501A.207 - Appeal from secretary of state’s refusal to file document. - 501A.207 Appeal from secretary of state’s refusal to file document....

Section 501A.208 - Evidentiary effect of copy of filed document. - 501A.208 Evidentiary effect of copy of filed document. A certificate...

Section 501A.209 - Certificate of existence. - 501A.209 Certificate of existence. 1. Anyone may apply to the...

Section 501A.210 - Penalty for signing false document. - 501A.210 Penalty for signing false document. 1. A person commits...

Section 501A.211 - Secretary of state — powers. - 501A.211 Secretary of state — powers. The secretary has the...

Section 501A.221 - Certificate of authority. - 501A.221 Certificate of authority. A foreign cooperative may apply for...

Section 501A.222 - Cancellation of certificate of authority. - 501A.222 Cancellation of certificate of authority. 1. A foreign cooperative...

Section 501A.231 - Biennial report for secretary of state. - 501A.231 Biennial report for secretary of state. 1. A cooperative...

Section 501A.301 - Name. - 501A.301 Name. 1. A cooperative name must contain the word...

Section 501A.302 - Reserved name. - 501A.302 Reserved name. 1. A person may reserve the exclusive...

Section 501A.401 - Registered office and registered agent. - 501A.401 Registered office and registered agent. A cooperative must continuously...

Section 501A.402 - Change of registered office or registered agent. - 501A.402 Change of registered office or registered agent. 1. A...

Section 501A.403 - Resignation of registered agent — discontinuance of registered office — statement. - 501A.403 Resignation of registered agent — discontinuance of registered office...

Section 501A.404 - Service on domestic cooperatives. - 501A.404 Service on domestic cooperatives. 1. A domestic cooperative’s registered...

Section 501A.405 - Service on foreign cooperative. - 501A.405 Service on foreign cooperative. 1. The registered agent of...

Section 501A.501 - Organizational purpose. - 501A.501 Organizational purpose. A cooperative may be formed and organized...

Section 501A.502 - Organizers. - 501A.502 Organizers. 1. Qualification. A cooperative may be organized by...

Section 501A.503 - Articles of organization. - 501A.503 Articles of organization. 1. Requirements. a. The articles of...

Section 501A.504 - Amendment of articles. - 501A.504 Amendment of articles. 1. Procedure. a. The articles of...

Section 501A.505 - Existence. - 501A.505 Existence. 1. Commencement. The existence of a cooperative shall...

Section 501A.506 - Bylaws. - 501A.506 Bylaws. 1. Required. A cooperative shall have bylaws governing...

Section 501A.507 - Cooperative records. - 501A.507 Cooperative records. 1. Permanent records required to be kept....

Section 501A.601 - Powers. - 501A.601 Powers. 1. Generally. a. In addition to other powers,...

Section 501A.602 - Emergency powers. - 501A.602 Emergency powers. 1. In anticipation of or during an...

Section 501A.603 - Agricultural commodities and products — marketing contracts. - 501A.603 Agricultural commodities and products — marketing contracts. 1. Authority....

Section 501A.701 - Board governs cooperative. - 501A.701 Board governs cooperative. A cooperative shall be governed by...

Section 501A.702 - Number of directors. - 501A.702 Number of directors. The board shall not have less...

Section 501A.703 - Election of directors. - 501A.703 Election of directors. 1. First board. The organizers shall...

Section 501A.704 - Filling vacancies. - 501A.704 Filling vacancies. 1. Patron directors. If a patron member...

Section 501A.705 - Removal of directors. - 501A.705 Removal of directors. 1. Modification. The provisions of this...

Section 501A.706 - Board of directors’ meetings. - 501A.706 Board of directors’ meetings. 1. Time and place. Meetings...

Section 501A.707 - Quorum. - 501A.707 Quorum. A majority, or a larger or smaller portion...

Section 501A.708 - Action of board of directors. - 501A.708 Action of board of directors. 1. Except as provided...

Section 501A.709 - Action without a meeting. - 501A.709 Action without a meeting. 1. Method. An action required...

Section 501A.710 - Audit committee. - 501A.710 Audit committee. The board shall establish an audit committee...

Section 501A.711 - Committees. - 501A.711 Committees. 1. Generally. A resolution approved by the affirmative...

Section 501A.712 - Standard of conduct. - 501A.712 Standard of conduct. 1. Standard and liability. A director...

Section 501A.713 - Director conflicts of interest. - 501A.713 Director conflicts of interest. 1. Conflict and procedure when...

Section 501A.714 - Limitation of liability of directors, officers, employees, members, and volunteers. - 501A.714 Limitation of liability of directors, officers, employees, members, and...

Section 501A.715 - Indemnification. - 501A.715 Indemnification. 1. Definitions. As used in this section, all...

Section 501A.716 - Officers. - 501A.716 Officers. 1. Required officers. a. The board shall elect...

Section 501A.801 - Members. - 501A.801 Members. 1. Requirement. A cooperative shall have one or...

Section 501A.802 - Member liability. - 501A.802 Member liability. A member is not, merely on the...

Section 501A.803 - Regular members’ meetings. - 501A.803 Regular members’ meetings. 1. Annual meeting. Regular members’ meetings...

Section 501A.804 - Special members’ meetings. - 501A.804 Special members’ meetings. 1. Calling meeting. Special members’ meetings...

Section 501A.805 - Certification of meeting notice. - 501A.805 Certification of meeting notice. 1. Certificate of mailing. After...

Section 501A.806 - Quorum. - 501A.806 Quorum. 1. Quorum. The quorum for a members’ meeting...

Section 501A.807 - Remote communications for members’ meetings. - 501A.807 Remote communications for members’ meetings. 1. Construction and application....

Section 501A.808 - Action of members. - 501A.808 Action of members. 1. Action by affirmative vote of...

Section 501A.809 - Action without a meeting. - 501A.809 Action without a meeting. 1. Method. An action required...

Section 501A.810 - Member voting rights. - 501A.810 Member voting rights. 1. Patron and nonpatron member voting....

Section 501A.811 - Patron member voting based on patronage. - 501A.811 Patron member voting based on patronage. 1. Patron members...

Section 501A.812 - Voting rights. - 501A.812 Voting rights. 1. Determination. The board may fix a...

Section 501A.813 - Voting by organizations and legal representatives. - 501A.813 Voting by organizations and legal representatives. 1. Membership interests...

Section 501A.814 - Proxies. - 501A.814 Proxies. 1. Authorization. a. A patron member may only...

Section 501A.815 - Sale of property and assets. - 501A.815 Sale of property and assets. 1. Member approval not...

Section 501A.816 - Vote of ownership interests held by cooperative. - 501A.816 Vote of ownership interests held by cooperative. A cooperative...

Section 501A.901 - Membership interests. - 501A.901 Membership interests. 1. Patron membership interests. Patron membership interests...

Section 501A.902 - Assignment of financial rights. - 501A.902 Assignment of financial rights. 1. Assignment of financial rights...

Section 501A.903 - Nature of a membership interest and statement of interest owned. - 501A.903 Nature of a membership interest and statement of interest...

Section 501A.904 - Certificated and uncertificated membership interests. - 501A.904 Certificated and uncertificated membership interests. 1. Certificated — uncertificated....

Section 501A.905 - Lost certificates — replacement. - 501A.905 Lost certificates — replacement. 1. Issuance. A new membership...

Section 501A.906 - Restriction on transfer or registration of membership interests. - 501A.906 Restriction on transfer or registration of membership interests. 1....

Section 501A.1001 - Authorization, form, and acceptance of contributions. - 501A.1001 Authorization, form, and acceptance of contributions. 1. Board to...

Section 501A.1002 - Restatement of value of previous contributions. - 501A.1002 Restatement of value of previous contributions. 1. Definition. As...

Section 501A.1003 - Contribution agreements. - 501A.1003 Contribution agreements. 1. Signed writing. A contribution agreement, whether...

Section 501A.1004 - Contribution rights agreements. - 501A.1004 Contribution rights agreements. 1. Agreements permitted. Subject to any...

Section 501A.1005 - Allocations and distributions — profits, losses, cash, or other assets. - 501A.1005 Allocations and distributions — profits, losses, cash, or other...

Section 501A.1006 - Allocations and distributions — net income. - 501A.1006 Allocations and distributions — net income. 1. Distribution of...

Section 501A.1007 - Member control agreements. - 501A.1007 Member control agreements. 1. Authorization. A written agreement among...

Section 501A.1008 - Reversion of disbursements. - 501A.1008 Reversion of disbursements. 1. Once a person’s membership interest...

Section 501A.1101 - Merger and consolidation. - 501A.1101 Merger and consolidation. 1. Authorization. Unless otherwise prohibited, cooperatives...

Section 501A.1102 - Merger of subsidiary. - 501A.1102 Merger of subsidiary. 1. Definition. For purposes of this...

Section 501A.1103 - Abandonment. - 501A.1103 Abandonment. 1. Abandonment by members of plan. After a...

Section 501A.1104 - Conversion — amendment of organizational documents to be governed by this chapter. - 501A.1104 Conversion — amendment of organizational documents to be governed...

Section 501A.1201 - Methods of dissolution. - 501A.1201 Methods of dissolution. A cooperative may be dissolved by...

Section 501A.1202 - Winding up. - 501A.1202 Winding up. 1. Collection and payment of debts. After...

Section 501A.1203 - Revocation of dissolution proceedings. - 501A.1203 Revocation of dissolution proceedings. 1. Authority to revoke. Dissolution...

Section 501A.1204 - Statute of limitations. - 501A.1204 Statute of limitations. The claim of a creditor or...

Section 501A.1205 - Articles of dissolution. - 501A.1205 Articles of dissolution. 1. Conditions to file. Articles of...

Section 501A.1206 - Application for court-supervised voluntary dissolution. - 501A.1206 Application for court-supervised voluntary dissolution. After a notice of...

Section 501A.1207 - Court-ordered remedies for dissolution. - 501A.1207 Court-ordered remedies for dissolution. 1. Conditions for relief. A...

Section 501A.1208 - Procedure in involuntary or court-supervised voluntary dissolution. - 501A.1208 Procedure in involuntary or court-supervised voluntary dissolution. 1. Action...

Section 501A.1209 - Receiver qualifications and powers. - 501A.1209 Receiver qualifications and powers. 1. Qualifications. A receiver shall...

Section 501A.1210 - Dissolution action by attorney general — administrative dissolution. - 501A.1210 Dissolution action by attorney general — administrative dissolution. 1....

Section 501A.1211 - Filing claims in court-supervised dissolution proceedings. - 501A.1211 Filing claims in court-supervised dissolution proceedings. 1. Filing under...

Section 501A.1212 - Discontinuance of court-supervised dissolution proceedings. - 501A.1212 Discontinuance of court-supervised dissolution proceedings. The involuntary or supervised...

Section 501A.1213 - Court-supervised dissolution order. - 501A.1213 Court-supervised dissolution order. 1. Conditions for dissolution order. In...

Section 501A.1214 - Filing court’s dissolution order. - 501A.1214 Filing court’s dissolution order. After the court enters an...

Section 501A.1215 - Barring of claims. - 501A.1215 Barring of claims. 1. Claims barred. A person who...

Section 501A.1216 - Right to sue or defend after dissolution. - 501A.1216 Right to sue or defend after dissolution. After a...

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Iowa Code Title XII - BUSINESS ENTITIES Chapter 501A - COOPERATIVE ASSOCIATIONS ACT

Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 501A - COOPERATIVE ASSOCIATIONS ACT