§ 490.705 — Notice of meeting

Iowa § 490.705

• Jurisdiction: Iowa
• Title XII: BUSINESS ENTITIES
• Ch. 490: BUSINESS CORPORATIONS

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1. A corporation shall notify shareholders of the date, time, and place of each annual
and special shareholders’ meeting no fewer than ten nor more than sixty days before the
meeting date. If the board of directors has authorized participation by means of remote
communication pursuant to section 490.709 for holders of any class or series of shares, the
notice to the holders of such class or series of shares must describe the means of remote
communication to be used. The notice must include the record date for determining the
shareholders entitled to vote at the meeting, if such date is different from the record date
for determining shareholders entitled to notice of the meeting. Unless this chapter or the
articles of incorporation require otherwise, the corporation is required to give notice only
to shareholders entitled to vote at the meeting as of the record date for determining the
shareholders entitled to notice of the meeting.
2. Unless this chapter or the articles of incorporation require otherwise, the notice of an
annual meeting of shareholders need not include a description of the purpose or purposes
for which the meeting is called.
3. Notice of a special meeting of shareholders must include a description of the purpose
or purposes for which the meeting is called.
4. If not otherwise fixed under section 490.703 or 490.707, the record date for determining
shareholders entitled to notice of and to vote at an annual or special shareholders’ meeting
is the day before the first notice is delivered to shareholders.
5. Unless the bylaws require otherwise, if an annual or special shareholders’ meeting is
adjourned to a different date, time, or place, if any, notice need not be given of the new date,
time, or place, if any, if the new date, time, or place, if any, is announced at the meeting before
adjournment. However, if a new record date for the adjourned meeting is or must be fixed
under section 490.707, notice of the adjourned meeting shall be given under this section to
shareholders entitled to vote at such adjourned meeting as of the record date fixed for notice
of such adjourned meeting.