Iowa Statutes
§ 497.31 — Use of funds
Iowa § 497.31
This text of Iowa § 497.31 (Use of funds) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 497.31 (2026).
Text
None of the funds of any association organized under the provisions of this chapter shall
be used in the payment of any promotion; as commissions, salaries or expenses of any kind,
character, or nature whatsoever.
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Legislative History
[SS15, §1641-r18; C24, 27, 31, 35, 39, §8483; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81,
§497.31]
Nearby Sections
15
§ 497.1
Purposes of cooperative§ 497.10
Powers§ 497.12
Stockholding§ 497.13
Issue of shares as payment§ 497.14
May act as trustee§ 497.15
Paid-up stock — right to vote§ 497.16
Voting by mail§ 497.17
Reserve fund§ 497.18
Educational fund — dividends§ 497.19
Additional dividends§ 497.2
Articles of incorporation§ 497.20
When dividends distributed§ 497.21
Dissolution§ 497.22
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Bluebook (online)
Iowa § 497.31, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/497.31.