House File 2138 - Introduced HOUSE FILE 2138 BY PETTENGILL A BILL FOR An Act relating to nonprofit corporation filing requirements. 1 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 2 TLSB 5584YH (2) 85 aw/sc
H.F. 2138 Section 1. Section 504.132, Code 2014, is amended to read 1 as follows: 2 504.132 Secretary of state —— internet site. 3 1. The secretary of state shall place on the secretary 4 of state’s internet site a link to a free internet site with 5 completed internal revenue service forms 990 and 990EZ. 6 2. The secretary of state shall create a searchable database 7 available on the secretary of state’s internet site providing 8 electronic links to the articles of incorporation described 9 in section 504.202, the bylaws described in section 504.206, 10 and the emergency bylaws described in section 504.207 of each 11 domestic corporation and each foreign corporation authorized to 12 transact business in this state. 13 Sec. 2. Section 504.206, Code 2014, is amended by adding the 14 following new subsection: 15 NEW SUBSECTION . 3. By January 1, 2015, each domestic 16 corporation, and each foreign corporation authorized to 17 transact business in this state, shall deliver a copy of the 18 bylaws adopted pursuant to this section to the secretary of 19 state for filing. 20 Sec. 3. Section 504.207, Code 2014, is amended by adding the 21 following new subsection: 22 NEW SUBSECTION . 5. By January 1, 2015, each domestic 23 corporation, and each foreign corporation authorized to 24 transact business in this state, that has adopted emergency 25 bylaws pursuant to this section shall deliver a copy of the 26 emergency bylaws to the secretary of state for filing. 27 EXPLANATION 28 The inclusion of this explanation does not constitute agreement with 29 the explanation’s substance by the members of the general assembly. 30 This bill relates to nonprofit corporation filing 31 requirements. 32 The bill requires that each domestic nonprofit corporation, 33 and each foreign nonprofit corporation authorized to transact 34 business in this state, deliver a copy of the corporation’s 35 -1- LSB 5584YH (2) 85 aw/sc 1/ 2
H.F. 2138 bylaws to the secretary of state for filing and a copy of 1 the corporation’s emergency bylaws if that corporation has 2 adopted such emergency bylaws for filing. These corporations 3 are required to make such filings by January 1, 2015. The 4 secretary of state is generally required to collect a fee 5 for documents required or permitted to be filed, pursuant to 6 current Code section 504.113. 7 The bill further requires that the secretary of state create 8 a searchable database available on the secretary of state’s 9 internet site providing links to the bylaws, emergency bylaws, 10 and articles of incorporation required to be filed by nonprofit 11 corporations with the secretary of state. 12 -2- LSB 5584YH (2) 85 aw/sc 2/ 2