Iowa Code 499.38 – Removal of officers and directors
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Terms Used In Iowa Code 499.38
- Association: means a corporation formed under this chapter. See Iowa Code 499.2
At any meeting called for that purpose, any officer or director may be removed by vote of a majority of all voting members of the association. A director chosen under section 499.36, subsection 5, may likewise be removed by vote of a majority of all members in the director’s district.