Iowa Code 501A.404 – Service on domestic cooperatives
Current as of: 2023 | Check for updates
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1. A domestic cooperative‘s registered agent is the cooperative’s agent for service of process, notice, or demand required or permitted by law to be served on the cooperative.
Terms Used In Iowa Code 501A.404
- Cooperative: means a business association organized under this chapter. See Iowa Code 501A.102
- Domestic cooperative: means a cooperative association or other cooperative organized under this chapter or chapter 497, 498, 499, 499A, or 501. See Iowa Code 501A.102
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- Foreign cooperative: means a foreign business entity organized to conduct business consistent with this chapter or chapter 497, 498, or 499. See Iowa Code 501A.102
- Service of process: The service of writs or summonses to the appropriate party.
- United States: includes all the states. See Iowa Code 4.1
2. If a cooperative has no registered agent, or the agent cannot with reasonable diligence be served, the cooperative may be served by registered mail or certified mail, return receipt requested, and addressed to the cooperative at its principal office. Service is perfected under this subsection at the earliest of any of the following:
a. The date the cooperative receives the mail.
b. The date shown on the return receipt for the registered mail or certified mail, return receipt requested, if signed on behalf of the cooperative.
c. Five days after its deposit in the United States mail, as evidenced by the postmark, if mailed postpaid and correctly addressed.
3. This section does not prescribe the only means, or necessarily the required means, of serving a domestic cooperative or foreign cooperative.