2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.707 - RECORD DATE.

        490.707  RECORD DATE.
         1.  The bylaws may fix or provide the manner of fixing the record
      date for one or more voting groups in order to determine the
      shareholders entitled to notice of a shareholders' meeting, to demand
      a special meeting, to vote, or to take any other action.  If the
      bylaws do not fix or provide for fixing a record date, the board of
      directors of the corporation may fix a future date as the record
      date.
         2.  A record date fixed under this section shall not be more than
      seventy days before the meeting or action requiring a determination
      of shareholders.
         3.  A determination of shareholders entitled to notice of or to
      vote at a shareholders' meeting is effective for any adjournment of
      the meeting unless the board of directors fixes a new record date,
      which it must do if the meeting is adjourned to a date more than one
      hundred twenty days after the date fixed for the original meeting.
         4.  If a court orders a meeting adjourned to a date more than one
      hundred twenty days after the date fixed for the original meeting, it
      may provide that the original record date continues in effect or it
      may fix a new record date.  
         Section History: Recent Form
         89 Acts, ch 288, §59
         Referred to in § 490.702, 490.704, 490.705, 534.504

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