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IA SF169
Bill
Status
1/30/2025
Primary Sponsor
Adrian Dickey
Click for details
AI Summary
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Cooperative associations providing utility services must provide members with the association's most recent biennial report and requested financial information, including budget and balance sheet, upon reasonable request
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Requested financial records must be delivered to the member within 30 days of the request
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Applies to both nonprofit cooperative associations (under Iowa Code chapter 498) and cooperative associations (under Iowa Code chapter 499)
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Creates new sections 498.38 and 499.81 establishing identical financial records access requirements for both types of utility cooperatives
Legislative Description
A bill for an act relating to record access by members of cooperative associations providing utility service.(See SF 578.)
Last Action
Committee report approving bill, renumbered as SF 578. S.J. 469.
3/10/2025