Current through March 29, 2024
Section 489.14704 - Disclosure required when foreign series limited liability company or foreign protected series party to proceeding1. Not later than thirty days after becoming a party to a proceeding before a civil, administrative, or other adjudicative tribunal of or located in this state or a tribunal of the United States located in this state all of the following apply: a. A foreign series limited liability company shall disclose to each other party the name and street and mailing address of all of the following: (1) Each foreign protected series of the company.(2) Each foreign protected-series manager of and a registered agent for service of process for each foreign protected series of the company.b. A foreign protected series of a foreign series limited liability company shall disclose to each other party the name and street and mailing address of all of the following: (1) The company and each manager of the company and an agent for service of process for the company.(2) Any other foreign protected series of the company and each foreign protected-series manager of and an agent for service of process for the other foreign protected series.2. If a foreign series limited liability company or foreign protected series challenges the personal jurisdiction of the tribunal, the requirement that the foreign company or foreign protected series make disclosure under subsection 1 is tolled until the tribunal determines whether it has personal jurisdiction.3. If a foreign series limited liability company or foreign protected series does not comply with subsection 1, a party to the proceeding may do any of the following: a. Request the tribunal to treat the noncompliance as a failure to comply with the tribunal's discovery rules.b. Bring a separate proceeding in the court to enforce subsection 1.2019 Acts, ch 26, §38, 41
Added by 2019 Iowa, ch 26, s 38, eff. 7/1/2020.