Power of personal representative of deceased member
Known as the Uniform Limited Liability Company Act
The act spans §§ 489–489 (188 sections).
2008 Acts, ch 1162, §44, 155; 2023 Acts, ch 152, §48, 161
If a member dies, the deceased member’s legal representative may exercise all of the following:
1. The rights of a transferee provided in section 489.502, subsection 3.
2. For the purposes of settling the estate, the rights the deceased member had under section 489.410.
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.