Each year at a regular or special meeting held after August 31, but before the organizational meeting the board will hold its annual meeting
At the annual meeting, the board will examine the financial books and settle the secretary’s and treasurer’s statements for the fiscal year ending the preceding June 30 and transact such other business as may properly come before it. As part of the annual reports, the treasurer will present affidavits from depository banks.
The board may also appoint the board’s legal counsel.
Legal Reference: Iowa Code §§ 279.1, .3, .33.
Approved March 26, 2018
Reviewed September 27, 2021
Revised September 27, 2021