Iowa Code § 489.14602
Protected series shall not be party to entity transaction
Redline — January 1, 2021 → current.View current text →
Current — January 1, 2022
As of January 1, 2021
A protected series shall not do any of the following:
A protected series shall not do any of the following:
1. Be an acquiring, acquired, converting, converted, merging, or surviving entity.
1. Be an acquiring, acquired, converting, converted, merging, or surviving entity.
2. Participate in a domestication.
2. Participate in a domestication.
3. Be a party to or be formed, organized, established, or created in a transaction substantially like a merger, interest exchange, conversion, or domestication.
3. Be a party to or be formed, organized, established, or created in a transaction substantially like a merger, interest exchange, conversion, or domestication.
Section takes effect July 1, 2020; 2019 Acts, ch 26, §41
NEW section
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.