501A.708 - ACTION OF BOARD OF DIRECTORS. - Iowa Statutes

501A.708 ACTION OF BOARD OF DIRECTORS. 1. Except as provided in subsection 2, the board shall only take action at a duly held meeting by the affirmative vote of any of the following: a. A majority of directors present at the meeting. b. A majority of the directors' voting power present at the meeting. 2. The articles or bylaws may require the affirmative vote of a larger vote than provided in subsection 1. If the articles or bylaws require a larger vote than is required by this chapter for a particular action, the articles or bylaws control.          Section History: Recent Form 2005 Acts, ch 135, §42