Effect of reinstatement of series limited liability company or revocation of voluntary dissolution.

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489.14503 Effect of reinstatement of series limited liability company or revocation of voluntary dissolution.

If a series limited liability company that has been administratively dissolved is reinstated, or a series limited liability company that voluntarily dissolved rescinds its dissolution both of the following apply:

1. Each protected series of the company ceases winding up.

2. The provisions of section 489.706 apply to each protected series of the company in accordance with section 489.14108.

2019 Acts, ch 26, §26, 41

Referred to in §489.14107, 489.14108

Section takes effect July 1, 2020; 2019 Acts, ch 26, §41

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