Iowa Code § 489.14503

Current through bills signed by governor as of 5/17/2024

Section 489.14503 - Effect of reinstatement of series limited liability company or revocation of voluntary dissolution

If a series limited liability company that has been administratively dissolved is reinstated, or a series limited liability company that voluntarily dissolved rescinds its dissolution both of the following apply:

1. Each protected series of the company ceases winding up.

2. The provisions of section 489.710 apply to each protected series of the company in accordance with section 489.14108.

Iowa Code § 489.14503

Added by 2019 Iowa, ch 26, s 26, eff. 7/1/2020.

Referred to in §489.14107, 489.14108

Section not amended; internal reference change applied