Iowa § 501A.1209 Receiver qualifications and powers

Iowa Statutes

§ 501A.1209 — Receiver qualifications and powers

Iowa § 501A.1209

Title XIIBUSINESS ENTITIES

Ch. 501ACOOPERATIVE ASSOCIATIONS ACT

This text of Iowa § 501A.1209 (Receiver qualifications and powers) 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.1209 (2026).

Text

1.Qualifications. A receiver shall be a natural person or a domestic business entity or a foreign business entity authorized to transact business in this state. A receiver shall give a bond as directed by the court with the sureties required by the court.

2.Powers. Areceivermaysueanddefendinallcourtsasreceiverofthecooperative. The court appointing the receiver has exclusive jurisdiction of the cooperative and its property.

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1. Qualifications. A receiver shall be a natural person or a domestic business entity or a
foreign business entity authorized to transact business in this state. A receiver shall give a
bond as directed by the court with the sureties required by the court.
2. Powers. Areceivermaysueanddefendinallcourtsasreceiverofthecooperative. The
court appointing the receiver has exclusive jurisdiction of the cooperative and its property.