Iowa Code 489.14603 – Restriction on entity transaction involving protected series
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A series limited liability company shall not be any of the following:
1. An acquiring, acquired, converting, converted, domesticating, or domesticated entity.
Terms Used In Iowa Code 489.14603
- 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
2. Except as otherwise provided in section 489.14604, a party to or the surviving company of a merger.