Iowa Admin. Code r. 441-24.53

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 441-24.53 - Standards for organizational activities

The organization shall meet all requirements in rule 441-24.3 (225C) and the standards identified in this rule.

(1) A CMHC organized as a nonprofit corporation shall be governed by a board of directors consistent with the requirements identified in Iowa Code section 230A.110(3)"b."

(2) A CMHC organized as a for-profit corporation shall have a policy structure that incorporates the representation identified in Iowa Code section 230A.110(3)"b."

Iowa Admin. Code r. 441-24.53

Adopted by IAB May 18, 2022/Volume XLIV, Number 23, effective 7/1/2022