Sections 504A.83 and 504A.84 apply to a cooperative organized under this chapter in the same manner as those sections apply to a corporation organized under chapter 504A. In addition to the information required to be set forth in the biennial report under section 504A.83, the cooperative shall also set forth the number of members of the cooperative, the percentage of the cooperative's business done with or for its own members during each of the fiscal or calendar years of the preceding two-year period, the percentage of the cooperative's business done with or for each class of nonmembers specified in section 499.3, and any other information deemed necessary by the secretary of state to advise the secretary whether the cooperative is actually functioning as a cooperative.
[C35, § 8512-g49; C39, § 8512.49; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 499.49]
93 Acts, ch 126, § 17; 97 Acts, ch 171, §31
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