Iowa Statutes

§ 501A.1004 — Contribution rights agreements

Iowa § 501A.1004
JurisdictionIowa
Title XIIBUSINESS ENTITIES
Ch. 501ACOOPERATIVE ASSOCIATIONS ACT

This text of Iowa § 501A.1004 (Contribution rights agreements) 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 § 501A.1004 (2026).

Text

1.Agreementspermitted. Subjecttoanyrestrictionsinacooperative’sarticlesorbylaws, the cooperative may enter into contribution rights agreements under the terms, provisions, and conditions established by board resolution.
2.Writing required and terms to be stated. Any contribution rights agreement must be in writing and the writing must state in full, summarize, or include by reference all the agreement’s terms, provisions, and conditions of the rights to make contributions.
3.Restrictions on assignment. Unless otherwise provided in a cooperative’s articles or bylaws, a would-be contributor’s rights under a contribution rights agreement shall not be §501A.1004, COOPERATIVE ASSOCIATIONS ACT 48 assigned, inwholeorinpart, toapersonwhowasnotamemberatthetimeoftheassignment, unless all the memb

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Iowa § 501A.1004, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/501A.1004.