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Iowa Code Title XII. Business Entities [Chs. 486-504C] § 501B.17. Meetings of members--voting, notice, and quorum requirements

Current as of January 01, 2024 | Updated by Findlaw Staff

1. Unless the governing principles provide otherwise all of the following apply:

a. Approval of a matter by members requires an affirmative majority of the votes cast at a meeting of members.

b. Each member is entitled to one vote on each matter that is submitted for approval by members.

2. Notice and quorum requirements for member meetings and the conduct of meetings of members are determined by the governing principles.

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Cite this article: FindLaw.com - Iowa Code Title XII. Business Entities [Chs. 486-504C] § 501B.17. Meetings of members--voting, notice, and quorum requirements - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xii-business-entities-chs-486-504c/ia-code-sect-501b-17/

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