Iowa Code § 489.1035
Statement of interest exchange — effective date of interest exchange
Redline — January 1, 2024 → current.View current text →
Current — January 1, 2025
As of January 1, 2024
1. A statement of interest exchange must be signed by a domestic acquired limited liability company and delivered to the secretary of state for filing.
1. A statement of interest exchange must be signed by a domestic acquired limited liability company and delivered to the secretary of state for filing.
2. A statement of interest exchange must contain all of the following:
2. A statement of interest exchange must contain all of the following:
a. The name of the acquired limited liability company.
a. The name of the acquired limited liability company.
b. The name, jurisdiction of formation, and type of entity of the acquiring entity.
b. The name, jurisdiction of formation, and type of entity of the acquiring entity.
c. A statement that the plan of interest exchange was approved by the acquired company in accordance with this part.
c. A statement that the plan of interest exchange was approved by the acquired company in accordance with this part.
d. Any amendments to the acquired company’s certificate of organization approved as part of the plan of interest exchange.
d. Any amendments to the acquired company’s certificate of organization approved as part of the plan of interest exchange.
3. In addition to the requirements of subsection 2, a statement of interest exchange may contain any other provision not prohibited by law.
3. In addition to the requirements of subsection 2, a statement of interest exchange may contain any other provision not prohibited by law.
4. An interest exchange becomes effective when the statement of interest exchange is effective.
4. An interest exchange becomes effective when the statement of interest exchange is effective.
Section effective January 1, 2024; 2023 Acts, ch 152, §161
NEW section
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.