Iowa Code § 501A.816 Vote of ownership interests held by cooperative.
501A.816. Vote of ownership interests held by cooperative.
A cooperative that holds ownership interests of another business entity may, by direction of the cooperative’s board, elect or appoint a person to represent the cooperative at a meeting of the business entity. The representative has authority to represent the cooperative and may cast the cooperative’s vote at the business entity’s meeting.
2005 Acts, ch 135, §66