Section 462A.17B - Nonprofit corporations - regulation of watercraft on public lakes1. As used in this section:a."Association" means a nonprofit corporation incorporated under chapter 504, named as an association, and that manages a community with one thousand or more units that is located on a subdivision that is adjacent to or abuts a public lake.b."Bylaws" means the same as defined in section 504.141.c."Member" means a person who is a record lot owner of the association.d."Public lake" means any lake located within the boundaries of this state that is a navigable body of water and that is lawfully accessible by the general public.e."Rules and regulations" means the rules and regulations adopted by the association's board of directors as authorized by the bylaws of the association.f."Unit" means a dwelling unit designated for separate ownership or occupancy or as otherwise defined in the statute under which the association is organized.2. Notwithstanding any law to the contrary, an association may establish policies in the association's rules and regulations regarding the operation of watercraft, including but not limited to equipment specifications. The authority granted to an association under this subsection shall only apply to the association's members and the association's members' guests.3. Notwithstanding section 462A.32, an association may communicate the association's policies established under subsection 2 through the use of private buoys and other safety-related installations until the date the commission adopts rules regulating buoys and other safety-related installations for the public lake that is adjacent to or abuts the association.4. The natural resource commission shall adopt rules pursuant to chapter 17A to administer this section.Added by 2024 Iowa, ch Chapter 1001, s 2, eff. 2/28/2024.