Iowa Code 489.14503 – Effect of reinstatement of series limited liability company or revocation of voluntary dissolution
Current as of: 2023 | Check for updates
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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.
Terms Used In Iowa Code 489.14503
- 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. The provisions of section 489.706 apply to each protected series of the company in accordance with section 489.14108.