1. Collections
  2. Iowa Code
  3. Title XII
  4. Chapter 499

I

General Provisions

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    499.1Applicable499.2Definitions499.3Dealing with nonmembers499.4Use of term “cooperative” restricted499.5Permissible organizers499.5AWater utilities — members of federated associations499.6Purposes499.7Powers499.8Contracts authorized499.9Penalties — performance — injunction — arbitration499.10Cooperative agreements499.11Legality declared499.12Exemption of private property499.13Membership — eligibility499.14Membership in nonstock associations499.14AElectric cooperative association memberships499.15Certificates of membership or stock499.16Subscriptions — stock or membership499.17Transfer of stock or membership499.18Expulsion of members499.19Cancellation of membership or stock499.20Withdrawal of members499.21Obligations not affected499.22Capital stock499.23Dividends on common stock499.24Preferred stock499.25Issuing preferred stock in purchases499.26Service charges499.27Meetings499.27ARemote participation in meetings of members499.28Number of votes499.29Manner of voting499.30Distribution of earnings499.30AReversion of disbursements499.31Control of allocation by members499.32Patronage dividends of subscribers499.33Use of revolving fund499.34Patronage dividend certificates499.35Time of payment499.36Directors499.36AStandards of conduct for directors499.37Officers499.37AStandards of conduct for officers499.38Removal of officers and directors499.39Referendum499.40Articles499.41Amendments499.41AGreater voting or quorum requirements499.42Renewal499.43Existing corporations — optionRepealed499.43AExisting cooperatives organized under chapter 497 or 498 — conversion option499.43BExisting cooperatives organized under chapter 490 or 491 — option499.44Execution and filing of documents499.44ASecretary of state — extra services — surcharge499.45Fees499.46Bylaws499.47Dissolution499.47ASale or other disposition of assets in regular course of business and mortgage or pledge of assets499.47BSale or other disposition of assets other than in regular course of business499.47CSale or other disposition of assets in exchange for common stock499.47DConsideration of acquisition proposals — community interests499.48Distribution in liquidation499.49Biennial report499.50Notice of delinquent reportsRepealed499.51 and 499.52RepealedRepealed499.53Quo warranto499.54Foreign associations499.55Individual exemptions applicable499.56Conflicting laws499.57State powers499.58ReservedRepealed499.59Personal liability499.59AIndemnification499.60Chapters inapplicable