2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.205 - ORGANIZATION OF CORPORATION.

        490.205  ORGANIZATION OF CORPORATION.
         1.  After incorporation:
         a.  If initial directors are named in the articles of
      incorporation, the initial directors shall hold an organizational
      meeting, at the call of a majority of the directors, to complete the
      organization of the corporation by appointing officers, adopting
      bylaws and carrying on any other business brought before the meeting.

         b.  If initial directors are not named in the articles, the
      incorporator or incorporators shall hold an organizational meeting at
      the call of a majority of the incorporators to do one of the
      following:
         (1)  Elect directors and complete the organization of the
      corporation.
         (2)  Elect a board of directors who shall complete the
      organization of the corporation.
         2.  Action required or permitted by this chapter to be taken by
      incorporators at an organizational meeting may be taken without a
      meeting if the action taken is evidenced by one or more written
      consents describing the action taken and signed by each incorporator.

         3.  An organizational meeting may be held in or out of this state.
      

         89 Acts, ch 288, §22