504.614 - MEMBER'S LIABILITY FOR DUES, ASSESSMENTS, AND FEES. - Iowa Statutes

504.614 MEMBER'S LIABILITY FOR DUES, ASSESSMENTS, AND FEES. A member may become liable to the corporation for dues, assessments, or fees. However, an article or bylaw provision or a resolution adopted by the board authorizing or imposing dues, assessments, or fees does not, of itself, create liability.          Section History: Recent Form 2004 Acts, ch 1049, §41, 192