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Iowa Code § 499A.7

Reorganizing prior to expiration of term

[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499A.7]

The directors or members of any cooperative organized under this chapter may reorganize the cooperative, and all the property and rights of the cooperative shall vest in the cooperative as reorganized.

91 Acts, ch 30, §4

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.