Required in Iowa?
Yes.[1]
Laws
- Annual Meetings – A corporation must hold a meeting of shareholders annually for the election of directors at a time stated in or fixed in accordance with the bylaws.[2]
- Corporate Bylaws – The board of directors or incorporators must adopt the initial set of bylaws with provisions that are in compliance with state law and the articles of incorporation.[3]
- Issuance of Stock – The board of directors can authorize shares to be issued for cash, promissory notes, services performed, contracts for services to be performed, or other securities of the corporation.[4]
Emergency Bylaws
The corporation may include emergency bylaws that relay procedures for conducting corporate affairs in the event of an emergency.[5]