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Iowa Code § 489.1006

Appraisal rights

Known as the Uniform Limited Liability Company Act

The act spans §§ 489–489 (188 sections).

2023 Acts, ch 152, §85, 161

An interest holder of a domestic merging, acquired, converting, or domesticating limited liability company is entitled to contractual appraisal rights in connection with a transaction under this subchapter to the extent provided in any of the following:

1. The operating agreement.

2. The plan.

Former §489.1006 stricken effective January 1, 2024, by

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.