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Iowa Code (Last Updated: December 05, 2016) |
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Title XII. BUSINESS ENTITIES |
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Chapter 490. BUSINESS CORPORATIONS |
Section 490.840. Officers.
Latest version.
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1. A corporation has the offices described in its bylaws or designated by the board of directors in accordance with the bylaws.
2. The board of directors may elect individuals to fill one or more offices of the corporation. An officer may appoint one or more officers if authorized by the bylaws or the board of directors.
3. The bylaws or the board of directors shall assign to one of the officers responsibility for preparing minutes of the directors’ and shareholders’ meetings and for maintaining and authenticating the records of the corporation required to be kept under section 490.1601, subsections 1 and 5.
4. The same individual may simultaneously hold more than one office in a corporation.
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