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Iowa Code § 489.14503

Effect of reinstatement of series limited liability company or revocation of voluntary dissolution

Known as the Uniform Limited Liability Company Act

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

2019 Acts, ch 26, §26, 41

If a series limited liability company that has been administratively dissolved is reinstated, or a series limited liability company that voluntarily dissolved rescinds its dissolution both of the following apply:

1. Each protected series of the company ceases winding up.

2. The provisions of section 489.710 apply to each protected series of the company in accordance with section 489.14108.

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