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 secretary's and treasurer's statements for the fiscal year ending the preceding June 30. As part of the annual reports, the 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 §§ 279.1, .3, .33.
Cross Reference: 206.3 Secretary
701.1 Depository of Funds
707 Fiscal Reports
Initially Approved 03-08-1999
Last Reviewed 07-08-2020
Last Revision 07-08-2020