Iowa § 504.701 Annual and regular meetings

Iowa Statutes

§ 504.701 — Annual and regular meetings

Iowa § 504.701

Title XIIBUSINESS ENTITIES

Ch. 504REVISED IOWA NONPROFIT CORPORATION ACT

This text of Iowa § 504.701 (Annual and regular meetings) 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 § 504.701 (2026).

Text

1.Except in the case of a corporation with members that holds meetings only of delegates and not of the members, a corporation with members shall hold a membership meeting annually at a time stated in or fixed in accordance with the bylaws. The articles of incorporation or bylaws of a corporation with members that holds meetings only of delegates and not of members may provide for meetings of delegates to be held less frequently than annually but at least once every six years.

2.Acorporationwithmembersmayholdregularmembershipmeetingsatthetimesstated in or fixed in accordance with the bylaws.

3.Annual or regular membership meetings may be held in or out of this state at the place stated in or fixed in accordance with the bylaws. If a place is not stated in or fixed in accordance with the

Free access — add to your briefcase to read the full text and ask questions with AI

1. Except in the case of a corporation with members that holds meetings only of
delegates and not of the members, a corporation with members shall hold a membership
meeting annually at a time stated in or fixed in accordance with the bylaws. The articles of
incorporation or bylaws of a corporation with members that holds meetings only of delegates
and not of members may provide for meetings of delegates to be held less frequently than
annually but at least once every six years.
2. Acorporationwithmembersmayholdregularmembershipmeetingsatthetimesstated
in or fixed in accordance with the bylaws.
3. Annual or regular membership meetings may be held in or out of this state at the
place stated in or fixed in accordance with the bylaws. If a place is not stated in or fixed in
accordance with the bylaws, annual and regular meetings shall be held at the corporation’s
principal office.
3A. The board may hold an annual or a regular membership meeting solely by means of
remote communication in accordance with section 504.702A and in that case the notice shall
describe how members may participate in the meeting.
4. At the annual meeting all of the following shall occur:
a. The president and chief financial officer shall report on the activities and financial
condition of the corporation.

b. The members shall consider and act upon such other matters as may be raised
consistent with the notice requirements of sections 504.705 and 504.713, subsection 4.
5. At regular meetings, the members shall consider and act upon such matters as may be
raised consistent with the notice requirements of sections 504.705 and 504.713, subsection 4.
6. The failure to hold an annual or regular meeting at a time stated in or fixed in
accordance with a corporation’s bylaws does not affect the validity of any corporate action.