I know during "normal" times, once someone adds their name to the transfer portal, their former team more or less cuts ties with them.
But these are not normal times, and I would hope that programs exhibit more common sense and take the...

not like they'd have any place to play this fall if they didn't enter the portal. *shrug*...

It would seem logical for teams to prepare until the season is definitively cancelled....

depends on how literal they are taking that terminology.
FCS and FBS are part of the same "division" (division I).
But it wouldn't surprise me to have them base things on subdivision as well....

ISU is already scheduled to play South Dakota.
Would they really want to schedule a second FCS opponent considering only one win over an FCS opponent can be counted toward bowl eligibility?
Or is "bowl eligibility" not even a concern...

where is it written that that wouldn't qualify as force majeure?...

Not sure an extra round of games would really mean much.
Frankly, I wouldn't bet much that the season will take place at all.
And if it does, I really don't see how they could do a fair NCAA tournament with at least two of the top conferences...

unless one has seen what the actual contract says, one can't really quibble about the details of said contract.
perhaps there is a clause in the contract that covers "acts of the conference" as well as "acts of God".
...

perhaps the conference can mandate stricter testing policies for its teams, thus giving the illusion that playing conference games is some degree safer than playing games against teams from other conferences that don't have as strict a testing policy....