Iowa Code

Iowa Code § 499.14 (2026)

Membership in nonstock associations

✓ Iowa Code 2026 (laws through the 2025 session)
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Membership in associations without capital stock may be acquired by eligible parties in the manner provided in the articles, which shall specify the rights of members, the issuing price of memberships, if any, and what, if any, fixed dividends accrue thereon. If the articles so provide, membership shall be of two classes, voting and nonvoting. Voting members shall be agricultural producers, and all other members shall be nonvoting members. Nonvoting members shall have all the rights of membership except the right to vote. [C35, §8512-g14; C39, §8512.14; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499.14] 2001 Acts, ch 12, §3, 6

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Notes of Decisions
Becky Rice v. Providence Pointe, L.C., Providence Pointe Condo. Ass'n, Inc., Providence Point Condos., L.C., Providence Point Owner One, L.C., Providence Point Owner Two, L.C., Providence Point Owner Three, L.C., Two Rivers Bank & Trust, Haverkamp Props., L.L.C., & Brent Haverkamp, No. 3-1213 / 13-0433 (Iowa Ct. App. Mar. 26, 2014). “§ 499.14. Finally, our supreme court recognizes a declaration filed under this chapter “is the association’s ‘constitution.”
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