2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.801 - REQUIREMENT FOR AND DUTIES OF BOARD OF DIRECTORS.

        490.801  REQUIREMENT FOR AND DUTIES OF BOARD OF
      DIRECTORS.
         1.  Except as provided in section 490.732, each corporation must
      have a board of directors.
         2.  All corporate powers shall be exercised by or under the
      authority of, and the business and affairs of the corporation managed
      by or under the direction of, its board of directors, subject to any
      limitation set forth in the articles of incorporation, or in an
      agreement authorized under section 490.732.  

         89 Acts, ch 288, §72; 2002 Acts, ch 1154, §31, 125
         Referred to in § 490.825