Iowa Code § 489.14603

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

Section 489.14603 - Restriction on entity transaction involving protected series

A series limited liability company shall not be any of the following:

1. An acquiring, acquired, converting, converted, domesticating, or domesticated entity.

2. Except as otherwise provided in section 489.14604, a party to or the surviving company of a merger.

Iowa Code § 489.14603

Added by 2019 Iowa, ch 26, s 29, eff. 7/1/2020.