Iowa SF169 mandates utility service cooperative associations to provide members with their most recent biennial report and financial information.
Iowa SF169 requires nonprofit cooperative associations that provide utility services to their members to furnish the most recent biennial report and any requested financial information, including the budget and balance sheet, upon a reasonable request by any member. The information must be delivered within 30 days of the request. This bill ensures transparency and accountability in the financial operations of these associations.
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