Iowa Code § 489.1051

Current through bills signed by governor as of 5/17/2024
Section 489.1051 - Domestication authorized
1. By complying with this part, a domestic limited liability company may become a foreign limited liability company if the domestication is authorized by the law of the foreign jurisdiction.
2. By complying with the provisions of this part applicable to foreign limited liability companies, a foreign limited liability company may become a domestic limited liability company if the domestication is authorized by the law of the foreign limited liability company's jurisdiction of formation.
3. If a protected agreement contains a provision that applies to a merger of a domestic limited liability company but does not refer to a domestication, the provision applies to a domestication of the limited liability company as if the domestication were a merger until the provision is amended on or after January 1, 2009.

Iowa Code § 489.1051

Added by 2023 Iowa, ch 152, s 105, eff. 1/1/2024.

Section effective January 1, 2024; 2023 Acts, ch 152, §161

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