501.306 Number of votes.
56 words·~1 min read·
/ia/chapter-501-closed-cooperatives/501-306A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A person who is a member shall not own more than one membership. The person shall be entitled to cast not more than one vote regarding any matter in which a vote is conducted, including any matter subject to a vote during a cooperative meeting.
96 Acts, ch 1010, §20; 98 Acts, ch 1152, §14, 69