Iowa Code § 489.14503
Effect of reinstatement of series limited liability company or revocation of voluntary dissolution
Redline — January 1, 2022 → current.View current text →
Current — January 1, 2025
As of January 1, 2022
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:
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.
1. Each protected series of the company ceases winding up.
2. The provisions of section 489.706 apply to each protected series of the company in accordance with section 489.14108.
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.