Restriction on entity transaction involving protected series.

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489.14603 Restriction on entity transaction involving protected series.

A series limited liability company shall not be any of the following:

1. An acquiring, acquired, converting, converted, domesticating, or domesticated entity.

2. Except as otherwise provided in section 489.14604, a party to or the surviving company of a merger.

2019 Acts, ch 26, §29, 41

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

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