Iowa § 501B.7 Statement of authority as to real property

Iowa Statutes

§ 501B.7 — Statement of authority as to real property

Iowa § 501B.7

Title XIIBUSINESS ENTITIES

Ch. 501BREVISED UNIFORM UNINCORPORATED NONPROFIT ASSOCIATION ACT

This text of Iowa § 501B.7 (Statement of authority as to real property) 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 § 501B.7 (2026).

Text

1.For purposes of this section, “statement of authority” means a statement authorizing a persontotransferaninterestinrealpropertyheldinthenameofanunincorporatednonprofit association.

2.Aninterestinrealpropertyheldinthenameofanunincorporatednonprofitassociation may be transferred by a person authorized to do so in a statement of authority filed by the association in the office of the county recorder in which a transfer of the property would be recorded.

3.A statement of authority must set forth all of the following:

a.The name of the unincorporated nonprofit association.

b.The address in this state, including the street address, if any, of the association or, if the association does not have an address in this state, its out-of-state address.

c.That the association is an unincorporate

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1. For purposes of this section, “statement of authority” means a statement authorizing a
persontotransferaninterestinrealpropertyheldinthenameofanunincorporatednonprofit
association.
2. Aninterestinrealpropertyheldinthenameofanunincorporatednonprofitassociation
may be transferred by a person authorized to do so in a statement of authority filed by the
association in the office of the county recorder in which a transfer of the property would be
recorded.
3. A statement of authority must set forth all of the following:
a. The name of the unincorporated nonprofit association.
b. The address in this state, including the street address, if any, of the association or, if the
association does not have an address in this state, its out-of-state address.
c. That the association is an unincorporated nonprofit association.
d. The name, title, or position of a person authorized to transfer an estate or interest in
real property held in the name of the association.
4. A statement of authority must be executed in the same manner as an affidavit by a
person other than the person authorized in the statement to transfer the interest.
5. The county recorder may collect a fee as provided in sections 331.604 and 331.605 for
filing a statement of authority in the amount authorized for filing a transfer of real property.
6. A document amending, revoking, or canceling a statement of authority or stating that
the statement is unauthorized or erroneous must meet the requirements for executing and
filing an original statement.
7. A statement of authority filed in the office of the county recorder as provided in
subsection 2 is effective until amended or canceled, unless an earlier cancellation date is
specified in the statement.
8. If the record title to real property is in the name of an unincorporated nonprofit
association and the statement of authority is filed in the office of the county recorder in
which a transfer of the property would be filed, the authority of the person named in the
statement to transfer is conclusive in favor of a person that gives value without notice that
the person lacks authority.