Iowa Code 499A.23 – Effect of documents and instruments
Current as of: 2024 | Check for updates
|
Other versions
1. Unless amended or terminated by this chapter or by the following documents or instruments, all terms, conditions, covenants, and provisions contained in the following documents or instruments shall remain in full force and effect as long as the cooperative remains in existence:
a. The articles of incorporation of the cooperative and any amendments thereto.
b. The bylaws of the cooperative and any amendments thereto.
c. Any proprietary leases, contracts, or other agreements between the cooperative and a member of the cooperative or between members of the cooperative.
d. Any property interests created by any documents or instruments specified in paragraph “a”, “b”, or “c”.
Terms Used In Iowa Code 499A.23
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- property: includes personal and real property. See Iowa Code 4.1
2. A document or instrument specified in subsection 1, and any property interests created by such document or instrument, shall not be extinguished, limited, or impaired by application of section 558.68 or 614.24.