Iowa Code 499.41A – Greater voting or quorum requirements
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Terms Used In Iowa Code 499.41A
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Association: means a corporation formed under this chapter. See Iowa Code 499.2
- Quorum: The number of legislators that must be present to do business.
An amendment to the articles of incorporation of an association that adds, changes, or deletes a greater voting or quorum requirement by the members than required by this chapter must be adopted by the voting or quorum requirements then in effect or proposed to be adopted, whichever is greater.