Iowa § 504.1611 Financial statements for members

Iowa Statutes

§ 504.1611 — Financial statements for members

Iowa § 504.1611

Title XIIBUSINESS ENTITIES

Ch. 504REVISED IOWA NONPROFIT CORPORATION ACT

This text of Iowa § 504.1611 (Financial statements for members) 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 § 504.1611 (2026).

Text

1.Except as provided in the articles or bylaws of a religious corporation, a corporation upon written demand from a member shall furnish that member the corporation’s latest annual financial statements, which may be consolidated or combined statements of the corporation and one or more of its subsidiaries or affiliates, as appropriate, that include a balance sheet as of the end of the fiscal year and a statement of operations for that year.

2.If annual financial statements are reported upon by a public accountant, the accountant’s report must accompany them.

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1. Except as provided in the articles or bylaws of a religious corporation, a corporation
upon written demand from a member shall furnish that member the corporation’s latest
annual financial statements, which may be consolidated or combined statements of the
corporation and one or more of its subsidiaries or affiliates, as appropriate, that include a
balance sheet as of the end of the fiscal year and a statement of operations for that year.
2. If annual financial statements are reported upon by a public accountant, the
accountant’s report must accompany them.