2018 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 501 - CLOSED COOPERATIVES
Section 501.711 - Financial statements for interest holders.

Universal Citation: IA Code § 501.711 (2018)

501.711

Financial statements for interest holders.

A cooperative shall prepare annual financial statements, which may be consolidated or combined statements of the cooperative and one or more of its subsidiaries, as appropriate, that include a balance sheet as of the end of the fiscal year and an income statement for that year. Upon written request from an interest holder, a cooperative, at its expense, shall furnish to that interest holder the financial statements requested. If the annual financial statements are reported upon by a public accountant, the report must accompany the financial statements.

98 Acts, ch 1152, §48, 69

Referred to in §501.701

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