Governing law
Known as the Uniform Limited Liability Company Act
The act spans §§ 489–489 (188 sections).
Applied in 1 court decision — leading case 125 F. Supp. 3d 885 - Hawkeye Land Co. v. ITC Midwest LLC (2015)
Most recently applied in 125 F. Supp. 3d 885 - Hawkeye Land Co. v. ITC Midwest LLC (August 2015)
2008 Acts, ch 1162, §6, 155 2023 Acts, ch 152, §6, 143, 161
The law of this state governs all of the following:
1. The internal affairs of a limited liability company.
2. The liability of a member as member and a manager as manager for a debt, obligation, or other liability of a limited liability company.
C2009, §489.106
C2024, §489.104
Former §489.104 transferred to §489.108;
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.