Consideration.
Iowa Code § 504.602
in effect504.602. Consideration.
Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board.
2004 Acts, ch 1049, §36, 192
Source: Iowa Legislature (legis.iowa.gov)URL: https://www.legis.iowa.gov/docs/code/2026/504.602.pdfFetched: 10/20/2026
