Iowa Code

Iowa Code § 497.1 (2026)

Purposes of cooperative

✓ current as of July 2026

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Any number of persons, not less than five, may associate themselves as a cooperative association, society, company, or exchange, for the purpose of conducting any agricultural, dairy, ethanol production, mercantile, mining, manufacturing, or mechanical business on the cooperative plan. For the purposes of this chapter, the words “association”, “company”, “corporation”, “exchange”, “society”, or “union”, shall be construed to mean the same. [SS15, §1641-r1; C24, 27, 31, 35, 39, §8459; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §497.1] 92 Acts, ch 1099, §7 Referred to in §497.3, 502.102

Notes of Decisions

Cited in 2 cases, 2015–2015 · leading case: Dolphin Residential Coop., Inc. v. Iowa City Bd. of Review, 863 N.W.2d 644 (Iowa 2015).

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Dolphin Residential Coop., Inc. v. Iowa City Bd. of Review, 863 N.W.2d 644 (Iowa 2015). · cites it 4× “Iowa Code § 497.1 (2011). Under this chapter, “Any number of persons, not less than five, may associate themselves as a cooperative association.”

Amended July 21, 2015 Dolphin Residential Coop., Inc. v. Iowa City Bd. of Review (Iowa 2015). · cites it 2× “Iowa Code § 497.1 (2011). Under this chapter, “Any number of persons, not less than five, may associate themselves as a cooperative association.”

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