There is a newer version of the Iowa Code
2014 Iowa Code
TITLE XII - BUSINESS ENTITIES
SUBTITLE 3 - ASSOCIATIONS
CHAPTER 501 - CLOSED COOPERATIVES
SECTION 501.420 - Exclusivity.
IA Code § 501.420 (2014) What's This?
501.420 Exclusivity.
A cooperative may provide indemnification or advance expenses to a director or an officer only as permitted by this chapter.
2003 Acts, ch 66, §25
SUBCHAPTER V CAPITAL STRUCTURE
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