There is a newer version
of
this Section
2021 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 489 - REVISED UNIFORM LIMITED LIABILITY COMPANY ACT
Section 489.14602 - Protected series shall not be party to entity transaction.
Universal Citation: IA Code § 489.14602 (2021)
489.14602 Protected series shall not be party to entity transaction.
A protected series shall not do any of the following:
1. Be an acquiring, acquired, converting, converted, merging, or surviving entity.
2. Participate in a domestication.
3. Be a party to or be formed, organized, established, or created in a transaction substantially like a merger, interest exchange, conversion, or domestication.
2019 Acts, ch 26, §28, 41
Section takes effect July 1, 2020; 2019 Acts, ch 26, §41
NEW section
Disclaimer: These codes may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
