Iowa Code § 504.804

Current through bills signed by governor as of 5/17/2024
Section 504.804 - Election, designation, and appointment of directors
1. If the corporation has members, all the directors, except the initial directors, shall be elected at the first annual meeting of members, and at each annual meeting thereafter, unless the articles or bylaws provide some other time or method of election, or provide that some of the directors are appointed by some other person or designated.
2. If a corporation does not have members, all the directors, except the initial directors, shall be elected, appointed, or designated as provided in the articles or bylaws. If no method of designation or appointment is set forth in the articles or bylaws, the directors other than the initial directors shall be elected by the board.

Iowa Code § 504.804

2004 Acts, ch 1049, §75, 192