HOA Members Holding Special Meetings in Iowa

Question:

Can a non board member homeowner in an HOA request a meeting of all owners? If yes, do the board members have to be present at that meeting ?

– Janet

 

Answer:

Hi Janet,

If your HOA is incorporated, it is subject to the Revised Iowa Nonprofit Corporation Act Section 504.702(1)(b) which states that, unless otherwise declared in the governing documents, holders of at least 5% of the voting power in the HOA may request a special meeting. The members must sign, date, and deliver a written demand describing the meeting’s purpose to any officer.

While the board of directors may not be expressly required by law to attend, they have a fiduciary duty to act in the HOA’s best interest.

 

Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.

company logo
company logo
company logo
company logo
company logo
company logo
company logo
company logo