2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.806 - STAGGERED TERMS FOR DIRECTORS.

        490.806  STAGGERED TERMS FOR DIRECTORS.
         The articles of incorporation may provide for staggering the terms
      of directors by dividing the total number of directors into two or
      three groups, with each group containing one-half or one-third of the
      total, as near as may be.  In that event, the terms of directors in
      the first group expire at the first annual shareholders' meeting
      after their election, the terms of the second group expire at the
      second annual shareholders' meeting after their election, and the
      terms of the third group, if any, expire at the third annual
      shareholders' meeting after their election.  At each annual
      shareholders' meeting held thereafter, directors shall be chosen for
      a term of two years or three years, as the case may be, to succeed
      those whose terms expire.  

         89 Acts, ch 288, §77
         Referred to in § 490.803, 490.805