Each year after August 31 and prior to the organizational meeting of the board in odd-numbered years, the board will hold its annual meeting.
At the annual meeting, the board will examine the financial books and settle the board secretary-treasurer’s statements for the fiscal year ending the preceding June 30. As part of the annual reports, the board secretary-treasurer will present affidavits from depository banks. The board may also appoint the board’s legal counsel at the annual meeting.
Legal Reference: Iowa Code §§ 279.3, .33 (2001).
Cross Reference: 206.3 Secretary-Treasurer
701.1 Depository of Funds
707 Fiscal Reports
Approved 01-15-90
Reviewed 05-21-02; 12-15-03; 11-20-06; 07-19-10; 08-15-11; 02-10-16
Revised 06-12-02; 01-19-04; 08-16-10
