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REVISED UNIFORM LIMITED LIABILITY COMPANY ACT
Law
Iowa Code
BUSINESS ENTITIES
REVISED UNIFORM LIMITED LIABILITY COMPANY ACT
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Section
489.101
Short title.
Section
489.102
Definitions.
Section
489.103
Knowledge — notice.
Section
489.104
Nature, purpose, and duration of limited liability company.
Section
489.105
Powers.
Section
489.106
Governing law.
Section
489.107
Supplemental principles of law.
Section
489.108
Name.
Section
489.109
Reservation of name.
Section
489.110
Operating agreement — scope, function, and limitations.
Section
489.111
Operating agreement — effect on limited liability company and persons becoming members — preformation agreement.
Section
489.112
Operating agreement — effect on third parties and relationship to records effective on behalf of limited liability company.
Section
489.113
Registered office and registered agent for service of process.
Section
489.114
Change of registered office or registered agent for service of process.
Section
489.115
Resignation of registered agent for service of process.
Section
489.116
Service of process.
Section
489.117
Fees.
Section
489.201
Formation of limited liability company — certificate of organization.
Section
489.202
Amendment or restatement of certificate of organization.
Section
489.203
Signing of records to be delivered for filing to secretary of state.
Section
489.204
Signing and filing pursuant to judicial order.
Section
489.205
Delivery to and filing of records by secretary of state — effective time and date.
Section
489.206
Correcting filed record.
Section
489.207
Penalty for signing false record.
Section
489.208
Certificate of existence or authorization.
Section
489.209
Biennial report for secretary of state.
Section
489.301
No agency power of member as member.
Section
489.302
Statement of authority.
Section
489.303
Statement of denial.
Section
489.304
Liability of members and managers.
Section
489.401
Becoming member.
Section
489.402
Form of contribution.
Section
489.403
Liability for contributions.
Section
489.404
Sharing of and right to distributions before dissolution.
Section
489.405
Limitations on distribution.
Section
489.406
Liability for improper distributions.
Section
489.407
Management of limited liability company.
Section
489.407A
Real estate interest transferred by limited liability company or foreign limited liability company.
Section
489.408
Indemnification and insurance.
Section
489.409
Standards of conduct for members and managers.
Section
489.410
Right of members, managers, and dissociated members to information.
Section
489.411
Section 489.411
Section
489.412
Section 489.412
Section
489.413
Section 489.413
Section
489.414
Section 489.414
Section
489.415
Section 489.415
Section
489.416
Section 489.416
Section
489.417
Section 489.417
Section
489.418
Section 489.418
Section
489.419
Section 489.419
Section
489.420
Section 489.420
Section
489.421
Section 489.421
Section
489.422
Section 489.422
Section
489.423
Section 489.423
Section
489.424
Section 489.424
Section
489.425
Section 489.425
Section
489.426
Section 489.426
Section
489.427
Section 489.427
Section
489.428
Section 489.428
Section
489.429
Section 489.429
Section
489.430
Section 489.430
Section
489.431
Section 489.431
Section
489.432
Section 489.432
Section
489.433
Section 489.433
Section
489.434
Section 489.434
Section
489.435
Section 489.435
Section
489.436
Section 489.436
Section
489.437
Section 489.437
Section
489.438
Section 489.438
Section
489.439
Section 489.439
Section
489.440
Section 489.440
Section
489.441
Section 489.441
Section
489.442
Section 489.442
Section
489.443
Section 489.443
Section
489.444
Section 489.444
Section
489.445
Section 489.445
Section
489.446
Section 489.446
Section
489.447
Section 489.447
Section
489.448
Section 489.448
Section
489.449
Section 489.449
Section
489.450
Section 489.450
Section
489.451
Section 489.451
Section
489.452
Section 489.452
Section
489.453
Section 489.453
Section
489.454
Section 489.454
Section
489.455
Section 489.455
Section
489.456
Section 489.456
Section
489.457
Section 489.457
Section
489.458
Section 489.458
Section
489.459
Section 489.459
Section
489.460
Section 489.460
Section
489.461
Section 489.461
Section
489.462
Section 489.462
Section
489.463
Section 489.463
Section
489.464
Section 489.464
Section
489.465
Section 489.465
Section
489.466
Section 489.466
Section
489.467
Section 489.467
Section
489.468
Section 489.468
Section
489.469
Section 489.469
Section
489.470
Section 489.470
Section
489.471
Section 489.471
Section
489.472
Section 489.472
Section
489.473
Section 489.473
Section
489.474
Section 489.474
Section
489.475
Section 489.475
Section
489.476
Section 489.476
Section
489.477
Section 489.477
Section
489.478
Section 489.478
Section
489.479
Section 489.479
Section
489.480
Section 489.480
Section
489.481
Section 489.481
Section
489.482
Section 489.482
Section
489.483
Section 489.483
Section
489.484
Section 489.484
Section
489.485
Section 489.485
Section
489.486
Section 489.486
Section
489.487
Section 489.487
Section
489.488
Section 489.488
Section
489.489
Section 489.489
Section
489.490
Section 489.490
Section
489.491
Section 489.491
Section
489.492
Section 489.492
Section
489.493
Section 489.493
Section
489.494
Section 489.494
Section
489.495
Section 489.495
Section
489.496
Section 489.496
Section
489.497
Section 489.497
Section
489.498
Section 489.498
Section
489.499
Section 489.499
Section
489.500
Section 489.500
Section
489.501
Nature of transferable interest.
Section
489.502
Transfer of transferable interest.
Section
489.503
Charging order.
Section
489.504
Power of personal representative of deceased member.
Section
489.601
Member’s power to dissociate — wrongful dissociation.
Section
489.602
Events causing dissociation.
Section
489.603
Effect of person’s dissociation as member.
Section
489.604
Member’s power to dissociate under certain circumstances.
Section
489.605
Section 489.605
Section
489.606
Section 489.606
Section
489.607
Section 489.607
Section
489.608
Section 489.608
Section
489.609
Section 489.609
Section
489.610
Section 489.610
Section
489.611
Section 489.611
Section
489.612
Section 489.612
Section
489.613
Section 489.613
Section
489.614
Section 489.614
Section
489.615
Section 489.615
Section
489.616
Section 489.616
Section
489.617
Section 489.617
Section
489.618
Section 489.618
Section
489.619
Section 489.619
Section
489.620
Section 489.620
Section
489.621
Section 489.621
Section
489.622
Section 489.622
Section
489.623
Section 489.623
Section
489.624
Section 489.624
Section
489.625
Section 489.625
Section
489.626
Section 489.626
Section
489.627
Section 489.627
Section
489.628
Section 489.628
Section
489.629
Section 489.629
Section
489.630
Section 489.630
Section
489.631
Section 489.631
Section
489.632
Section 489.632
Section
489.633
Section 489.633
Section
489.634
Section 489.634
Section
489.635
Section 489.635
Section
489.636
Section 489.636
Section
489.637
Section 489.637
Section
489.638
Section 489.638
Section
489.639
Section 489.639
Section
489.640
Section 489.640
Section
489.641
Section 489.641
Section
489.642
Section 489.642
Section
489.643
Section 489.643
Section
489.644
Section 489.644
Section
489.645
Section 489.645
Section
489.646
Section 489.646
Section
489.647
Section 489.647
Section
489.648
Section 489.648
Section
489.649
Section 489.649
Section
489.650
Section 489.650
Section
489.651
Section 489.651
Section
489.652
Section 489.652
Section
489.653
Section 489.653
Section
489.654
Section 489.654
Section
489.655
Section 489.655
Section
489.656
Section 489.656
Section
489.657
Section 489.657
Section
489.658
Section 489.658
Section
489.659
Section 489.659
Section
489.660
Section 489.660
Section
489.661
Section 489.661
Section
489.662
Section 489.662
Section
489.663
Section 489.663
Section
489.664
Section 489.664
Section
489.665
Section 489.665
Section
489.666
Section 489.666
Section
489.667
Section 489.667
Section
489.668
Section 489.668
Section
489.669
Section 489.669
Section
489.670
Section 489.670
Section
489.671
Section 489.671
Section
489.672
Section 489.672
Section
489.673
Section 489.673
Section
489.674
Section 489.674
Section
489.675
Section 489.675
Section
489.676
Section 489.676
Section
489.677
Section 489.677
Section
489.678
Section 489.678
Section
489.679
Section 489.679
Section
489.680
Section 489.680
Section
489.681
Section 489.681
Section
489.682
Section 489.682
Section
489.683
Section 489.683
Section
489.684
Section 489.684
Section
489.685
Section 489.685
Section
489.686
Section 489.686
Section
489.687
Section 489.687
Section
489.688
Section 489.688
Section
489.689
Section 489.689
Section
489.690
Section 489.690
Section
489.691
Section 489.691
Section
489.692
Section 489.692
Section
489.693
Section 489.693
Section
489.694
Section 489.694
Section
489.695
Section 489.695
Section
489.696
Section 489.696
Section
489.697
Section 489.697
Section
489.698
Section 489.698
Section
489.699
Section 489.699
Section
489.700
Section 489.700
Section
489.701
Events causing dissolution.
Section
489.701A
Rescinding dissolution.
Section
489.702
Winding up.
Section
489.703
Known claims against dissolved limited liability company.
Section
489.704
Other claims against dissolved limited liability company.
Section
489.705
Administrative dissolution.
Section
489.706
Reinstatement following administrative dissolution.
Section
489.707
Appeal from rejection of reinstatement.
Section
489.708
Distribution of assets in winding up limited liability company’s activities.
Section
489.801
Governing law.
Section
489.802
Application for certificate of authority.
Section
489.803
Activities not constituting transacting business.
Section
489.804
Filing of certificate of authority.
Section
489.805
Noncomplying name of foreign limited liability company.
Section
489.806
Revocation of certificate of authority.
Section
489.807
Cancellation of certificate of authority.
Section
489.808
Effect of failure to have certificate of authority.
Section
489.809
Action by attorney general.
Section
489.810
Reserved.
Section
489.811
Reserved.
Section
489.812
Reserved.
Section
489.813
Reserved.
Section
489.814
Reserved.
Section
489.815
Reserved.
Section
489.816
Reserved.
Section
489.817
Reserved.
Section
489.818
Reserved.
Section
489.819
Reserved.
Section
489.820
Reserved.
Section
489.821
Reserved.
Section
489.822
Reserved.
Section
489.823
Reserved.
Section
489.824
Reserved.
Section
489.825
Reserved.
Section
489.826
Reserved.
Section
489.827
Reserved.
Section
489.828
Reserved.
Section
489.829
Reserved.
Section
489.830
Reserved.
Section
489.831
Reserved.
Section
489.832
Reserved.
Section
489.833
Reserved.
Section
489.834
Reserved.
Section
489.835
Reserved.
Section
489.836
Reserved.
Section
489.837
Reserved.
Section
489.838
Reserved.
Section
489.839
Reserved.
Section
489.840
Reserved.
Section
489.841
Reserved.
Section
489.842
Reserved.
Section
489.843
Reserved.
Section
489.844
Reserved.
Section
489.845
Reserved.
Section
489.846
Reserved.
Section
489.847
Reserved.
Section
489.848
Reserved.
Section
489.849
Reserved.
Section
489.850
Reserved.
Section
489.851
Reserved.
Section
489.852
Reserved.
Section
489.853
Reserved.
Section
489.854
Reserved.
Section
489.855
Reserved.
Section
489.856
Reserved.
Section
489.857
Reserved.
Section
489.858
Reserved.
Section
489.859
Reserved.
Section
489.860
Reserved.
Section
489.861
Reserved.
Section
489.862
Reserved.
Section
489.863
Reserved.
Section
489.864
Reserved.
Section
489.865
Reserved.
Section
489.866
Reserved.
Section
489.867
Reserved.
Section
489.868
Reserved.
Section
489.869
Reserved.
Section
489.870
Reserved.
Section
489.871
Reserved.
Section
489.872
Reserved.
Section
489.873
Reserved.
Section
489.874
Reserved.
Section
489.875
Reserved.
Section
489.876
Reserved.
Section
489.877
Reserved.
Section
489.878
Reserved.
Section
489.879
Reserved.
Section
489.880
Reserved.
Section
489.881
Reserved.
Section
489.882
Reserved.
Section
489.883
Reserved.
Section
489.884
Reserved.
Section
489.885
Reserved.
Section
489.886
Reserved.
Section
489.887
Reserved.
Section
489.888
Reserved.
Section
489.889
Reserved.
Section
489.890
Reserved.
Section
489.891
Reserved.
Section
489.892
Reserved.
Section
489.893
Reserved.
Section
489.894
Reserved.
Section
489.895
Reserved.
Section
489.896
Reserved.
Section
489.897
Reserved.
Section
489.898
Reserved.
Section
489.899
Reserved.
Section
489.900
Reserved.
Section
489.901
Direct action by member.
Section
489.902
Derivative action.
Section
489.903
Proper plaintiff.
Section
489.904
Pleading.
Section
489.905
Section 489.905
Section
489.906
Proceeds and expenses.
Section
489.1001
Definitions.
Section
489.1002
Merger.
Section
489.1003
Action on plan of merger by constituent limited liability company.
Section
489.1004
Filings required for merger — effective date.
Section
489.1005
Effect of merger.
Section
489.1006
Conversion.
Section
489.1007
Action on plan of conversion by converting limited liability company.
Section
489.1008
Filings required for conversion — effective date.
Section
489.1009
Effect of conversion.
Section
489.1010
Domestication.
Section
489.1011
Action on plan of domestication by domesticating limited liability company.
Section
489.1012
Filings required for domestication — effective date.
Section
489.1013
Effect of domestication.
Section
489.1014
Restrictions on approval of mergers, conversions, and domestications.
Section
489.1015
Merger of domestic cooperative into a domestic limited liability company.
Section
489.1016
Article not exclusive.
Section
489.1017
Section 489.1017
Section
489.1018
Section 489.1018
Section
489.1019
Section 489.1019
Section
489.1020
Section 489.1020
Section
489.1021
Section 489.1021
Section
489.1022
Section 489.1022
Section
489.1023
Section 489.1023
Section
489.1024
Section 489.1024
Section
489.1025
Section 489.1025
Section
489.1026
Section 489.1026
Section
489.1027
Section 489.1027
Section
489.1028
Section 489.1028
Section
489.1029
Section 489.1029
Section
489.1030
Section 489.1030
Section
489.1031
Section 489.1031
Section
489.1032
Section 489.1032
Section
489.1033
Section 489.1033
Section
489.1034
Section 489.1034
Section
489.1035
Section 489.1035
Section
489.1036
Section 489.1036
Section
489.1037
Section 489.1037
Section
489.1038
Section 489.1038
Section
489.1039
Section 489.1039
Section
489.1040
Section 489.1040
Section
489.1041
Section 489.1041
Section
489.1042
Section 489.1042
Section
489.1043
Section 489.1043
Section
489.1044
Section 489.1044
Section
489.1045
Section 489.1045
Section
489.1046
Section 489.1046
Section
489.1047
Section 489.1047
Section
489.1048
Section 489.1048
Section
489.1049
Section 489.1049
Section
489.1050
Section 489.1050
Section
489.1051
Section 489.1051
Section
489.1052
Section 489.1052
Section
489.1053
Section 489.1053
Section
489.1054
Section 489.1054
Section
489.1055
Section 489.1055
Section
489.1056
Section 489.1056
Section
489.1057
Section 489.1057
Section
489.1058
Section 489.1058
Section
489.1059
Section 489.1059
Section
489.1060
Section 489.1060
Section
489.1061
Section 489.1061
Section
489.1062
Section 489.1062
Section
489.1063
Section 489.1063
Section
489.1064
Section 489.1064
Section
489.1065
Section 489.1065
Section
489.1066
Section 489.1066
Section
489.1067
Section 489.1067
Section
489.1068
Section 489.1068
Section
489.1069
Section 489.1069
Section
489.1070
Section 489.1070
Section
489.1071
Section 489.1071
Section
489.1072
Section 489.1072
Section
489.1073
Section 489.1073
Section
489.1074
Section 489.1074
Section
489.1075
Section 489.1075
Section
489.1076
Section 489.1076
Section
489.1077
Section 489.1077
Section
489.1078
Section 489.1078
Section
489.1079
Section 489.1079
Section
489.1080
Section 489.1080
Section
489.1081
Section 489.1081
Section
489.1082
Section 489.1082
Section
489.1083
Section 489.1083
Section
489.1084
Section 489.1084
Section
489.1085
Section 489.1085
Section
489.1086
Section 489.1086
Section
489.1087
Section 489.1087
Section
489.1088
Section 489.1088
Section
489.1089
Section 489.1089
Section
489.1090
Section 489.1090
Section
489.1091
Section 489.1091
Section
489.1092
Section 489.1092
Section
489.1093
Section 489.1093
Section
489.1094
Section 489.1094
Section
489.1095
Section 489.1095
Section
489.1096
Section 489.1096
Section
489.1097
Section 489.1097
Section
489.1098
Section 489.1098
Section
489.1099
Section 489.1099
Section
489.1100
Section 489.1100
Section
489.1101
Definitions.
Section
489.1102
Purposes and powers.
Section
489.1103
Name.
Section
489.1104
Who may organize.
Section
489.1105
Practice by professional limited liability company.
Section
489.1106
Professional regulation.
Section
489.1107
Relationship and liability to persons served.
Section
489.1108
Issuance of interests.
Section
489.1109
Assignment of interests.
Section
489.1110
Convertible interests — rights and options.
Section
489.1111
Voting trust — proxy.
Section
489.1112
Required purchase by professional limited liability company of its own interests.
Section
489.1113
Certificates representing interests.
Section
489.1114
Management.
Section
489.1115
Merger.
Section
489.1116
Dissolution or liquidation.
Section
489.1117
Foreign professional limited liability company.
Section
489.1118
Limited liability companies organized under the other laws.
Section
489.1119
Conflicts with other provisions of this chapter.
Section
489.1201
Series of transferable interests.
Section
489.1202
Management of a series.
Section
489.1203
Series distributions.
Section
489.1204
Dissociation from a series.
Section
489.1205
Termination of a series.
Section
489.1206
Foreign series.
Section
489.1207
Section 489.1207
Section
489.1208
Section 489.1208
Section
489.1209
Section 489.1209
Section
489.1210
Section 489.1210
Section
489.1211
Section 489.1211
Section
489.1212
Section 489.1212
Section
489.1213
Section 489.1213
Section
489.1214
Section 489.1214
Section
489.1215
Section 489.1215
Section
489.1216
Section 489.1216
Section
489.1217
Section 489.1217
Section
489.1218
Section 489.1218
Section
489.1219
Section 489.1219
Section
489.1220
Section 489.1220
Section
489.1221
Section 489.1221
Section
489.1222
Section 489.1222
Section
489.1223
Section 489.1223
Section
489.1224
Section 489.1224
Section
489.1225
Section 489.1225
Section
489.1226
Section 489.1226
Section
489.1227
Section 489.1227
Section
489.1228
Section 489.1228
Section
489.1229
Section 489.1229
Section
489.1230
Section 489.1230
Section
489.1231
Section 489.1231
Section
489.1232
Section 489.1232
Section
489.1233
Section 489.1233
Section
489.1234
Section 489.1234
Section
489.1235
Section 489.1235
Section
489.1236
Section 489.1236
Section
489.1237
Section 489.1237
Section
489.1238
Section 489.1238
Section
489.1239
Section 489.1239
Section
489.1240
Section 489.1240
Section
489.1241
Section 489.1241
Section
489.1242
Section 489.1242
Section
489.1243
Section 489.1243
Section
489.1244
Section 489.1244
Section
489.1245
Section 489.1245
Section
489.1246
Section 489.1246
Section
489.1247
Section 489.1247
Section
489.1248
Section 489.1248
Section
489.1249
Section 489.1249
Section
489.1250
Section 489.1250
Section
489.1251
Section 489.1251
Section
489.1252
Section 489.1252
Section
489.1253
Section 489.1253
Section
489.1254
Section 489.1254
Section
489.1255
Section 489.1255
Section
489.1256
Section 489.1256
Section
489.1257
Section 489.1257
Section
489.1258
Section 489.1258
Section
489.1259
Section 489.1259
Section
489.1260
Section 489.1260
Section
489.1261
Section 489.1261
Section
489.1262
Section 489.1262
Section
489.1263
Section 489.1263
Section
489.1264
Section 489.1264
Section
489.1265
Section 489.1265
Section
489.1266
Section 489.1266
Section
489.1267
Section 489.1267
Section
489.1268
Section 489.1268
Section
489.1269
Section 489.1269
Section
489.1270
Section 489.1270
Section
489.1271
Section 489.1271
Section
489.1272
Section 489.1272
Section
489.1273
Section 489.1273
Section
489.1274
Section 489.1274
Section
489.1275
Section 489.1275
Section
489.1276
Section 489.1276
Section
489.1277
Section 489.1277
Section
489.1278
Section 489.1278
Section
489.1279
Section 489.1279
Section
489.1280
Section 489.1280
Section
489.1281
Section 489.1281
Section
489.1282
Section 489.1282
Section
489.1283
Section 489.1283
Section
489.1284
Section 489.1284
Section
489.1285
Section 489.1285
Section
489.1286
Section 489.1286
Section
489.1287
Section 489.1287
Section
489.1288
Section 489.1288
Section
489.1289
Section 489.1289
Section
489.1290
Section 489.1290
Section
489.1291
Section 489.1291
Section
489.1292
Section 489.1292
Section
489.1293
Section 489.1293
Section
489.1294
Section 489.1294
Section
489.1295
Section 489.1295
Section
489.1296
Section 489.1296
Section
489.1297
Section 489.1297
Section
489.1298
Section 489.1298
Section
489.1299
Section 489.1299
Section
489.1300
Section 489.1300
Section
489.1301
Uniformity of application and construction.
Section
489.1302
Relation to Electronic Signatures in Global and National Commerce Act.
Section
489.1303
Savings clause.
Section
489.1304
Application to existing relationships.
Section
489.14101
Short title.
Section
489.14102
Definitions.
Section
489.14103
Nature of protected series.
Section
489.14104
Powers and duration of protected series.
Section
489.14105
Governing law.
Section
489.14106
Relation of operating agreement, this article, and this chapter.
Section
489.14107
Additional limitations on operating agreement.
Section
489.14108
Rules for applying specified provisions of this chapter to specified provisions of this article.
Section
489.14109
Reserved.
Section
489.14201
Protected series designation — amendment.
Section
489.14202
Name.
Section
489.14203
Registered agent.
Section
489.14204
Service of process, notice, demand, or other record.
Section
489.14205
Certificate of existence for protected series.
Section
489.14206
Information required in biennial report — effect of failure to provide.
Section
489.14207
Reserved.
Section
489.14301
Associated asset.
Section
489.14302
Associated member.
Section
489.14303
Protected-series transferable interest.
Section
489.14304
Management.
Section
489.14305
Right of person not associated member of protected series to information concerning protected series.
Section
489.14306
Reserved.
Section
489.14401
Limitations on liability.
Section
489.14402
Claim seeking to disregard limitation of liability.
Section
489.14403
Remedies of judgment creditor of associated member or protected-series transferee.
Section
489.14404
Enforcement against nonassociated asset.
Section
489.14405
Reserved.
Section
489.14501
Events causing dissolution of protected series.
Section
489.14502
Winding up dissolved protected series.
Section
489.14503
Effect of reinstatement of series limited liability company or revocation of voluntary dissolution.
Section
489.14504
Reserved.
Section
489.14601
Definitions.
Section
489.14602
Protected series shall not be party to entity transaction.
Section
489.14603
Restriction on entity transaction involving protected series.
Section
489.14604
Merger authorized — parties restricted.
Section
489.14605
Plan of merger.
Section
489.14606
Articles of merger.
Section
489.14607
Effect of merger.
Section
489.14608
Application of section 489.14404 after merger.
Section
489.14609
Reserved.
Section
489.14701
Governing law.
Section
489.14702
No attribution of activities constituting doing business or for establishing jurisdiction.
Section
489.14703
Authorization of foreign protected series.
Section
489.14704
Disclosure required when foreign series limited liability company or foreign protected series party to proceeding.
Section
489.14705
Reserved.
Section
489.14801
Uniformity of application and construction.
Section
489.14802
Section 489.14802
Section
489.14803
Transitional provisions.
Section
489.14804
Savings clause.