499.31 Control of allocation by members.
49 words·~1 min read·
/ia/chapter-499-cooperative-associations/499-31·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The members may at any meeting control the amount to be allocated to surplus or educational fund, within the limits specified in section 499.30, or the amount to be allocated to reserves.
[C35, §8512-g31; C39, §8512.31; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499.31]