Iowa Statutes
§ 497.5 — Board of directors
Iowa § 497.5
This text of Iowa § 497.5 (Board of directors) 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 § 497.5 (2026).
Text
Every such association shall be managed by a board of not less than five directors, who
shall be elected by and from the stockholders at such time and for such term of office as
the bylaws may prescribe, and shall hold office for the time for which elected and until their
successors are elected and qualify.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
[SS15, §1641-r5; C24, 27, 31, 35, 39, §8463; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81,
§497.5]
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
Biennial report — penaltyCite This Page — Counsel Stack
Bluebook (online)
Iowa § 497.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/497.5.