1. By complying with this part, all of the following apply:

 a. One or more domestic limited liability companies may merge with one or more domestic or foreign entities into a domestic or foreign surviving entity.
 b. Two or more foreign entities may merge into a domestic limited liability company.

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Terms Used In Iowa Code 489.1021

  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
 2. By complying with the provisions of this part applicable to foreign entities, a foreign entity may be a party to a merger under this part or may be the surviving entity in such a merger if the merger is authorized by the law of the foreign entity’s jurisdiction of formation.