499A.4 Dividends.
30 words·~1 min read·
/ia/chapter-499a-multiple-housing/499a-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A dividend or distribution of property among the members shall not be made until dissolution of the cooperative.
[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499A.4]