Iowa Code § 489.14603
Restriction on entity transaction involving protected series
Redline — January 1, 2021 → current.View current text →
Current — January 1, 2022
As of January 1, 2021
A series limited liability company shall not be any of the following:
A series limited liability company shall not be any of the following:
1. An acquiring, acquired, converting, converted, domesticating, or domesticated entity.
1. An acquiring, acquired, converting, converted, domesticating, or domesticated entity.
2. Except as otherwise provided in section 489.14604, a party to or the surviving company of a merger.
2. Except as otherwise provided in section 489.14604, a party to or the surviving company of a merger.
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.