504.714 - VOTING REQUIREMENTS. - Iowa Statutes

504.714 VOTING REQUIREMENTS. 1. Unless this chapter or the articles or bylaws of a corporation require a greater vote or voting by class, if a quorum is present, the affirmative vote of the votes represented and voting, which affirmative votes also constitute a majority of the required quorum, is the act of the members. 2. A bylaw amendment to increase or decrease the vote required for any member action must be approved by the members.          Section History: Recent Form 2004 Acts, ch 1049, §66, 192; 2005 Acts, ch 19, §90