Iowa Code § 501.401 – Number and election | MidpageNumber and election
96 Acts, ch 1010, §22
- 1. The affairs of a cooperative shall be managed by a board of not less than three directors.
- 2. The members shall elect the directors as prescribed in the articles or bylaws.
- 3. Each director shall serve the term prescribed in the articles or bylaws. The terms may be staggered.
96 Acts, ch 1010, §22