Iowa Code § 501.202
Documents of organization
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2013
As of January 1, 2012
1. The initial articles must set forth all of the following:
1. The initial articles must set forth all of the following:
a. The name, address, and occupation of each organizer.
a. The name, address, and occupation of each organizer.
b. The names and addresses of the initial directors.
b. The names and addresses of the initial directors.
c. The street address of the cooperative’s initial registered office and the name of its initial registered agent at that office.
c. The street address of the cooperative’s initial registered office and the name of its initial registered agent at that office.
2. The articles must set forth all of the following:
2. The articles must set forth all of the following:
a. The name that satisfies the requirements of section 501.104.
a. The name that satisfies the requirements of section 501.104.
b. A statement that it is organized under this chapter.
b. A statement that it is organized under this chapter.
c. Its duration, which may be perpetual.
c. Its duration, which may be perpetual.
d. The classes of interests and the authorized number of interests of each class.
d. The classes of interests and the authorized number of interests of each class.
e. The quorum required for each member meeting.
e. The quorum required for each member meeting.
f. The member voting rules.
f. The member voting rules.
3. The articles may set forth any other provision consistent with law.
3. The articles may set forth any other provision consistent with law.
96 Acts, ch 1010, §12; 98 Acts, ch 1152, §12, 13, 69
96 Acts, ch 1010, §12; 98 Acts, ch 1152, §12, 13, 69
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.