Iowa Code 489.206 – Correcting filed record
Current as of: 2023 | Check for updates
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1. A limited liability company or foreign limited liability company may deliver to the secretary of state for filing a statement of correction to correct a record previously delivered by the company to the secretary of state and filed by the secretary of state, if at the time of filing the record contained inaccurate information or was defectively signed.
Terms Used In Iowa Code 489.206
- 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
- Foreign limited liability company: means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company. See Iowa Code 489.102
- Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. See Iowa Code 489.102
- Signature: includes an electronic signature as defined in section 554D. See Iowa Code 4.1
- State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Iowa Code 489.102
2. A statement of correction under subsection 1 shall not have a delayed effective date and must do all of the following:
a. Describe the record to be corrected, including its filing date, or attach a copy of the record as filed.
b. Specify the inaccurate information and the reason it is inaccurate or the manner in which the signing was defective.
c. Correct the defective signature or inaccurate information.
3. When filed by the secretary of state, a statement of correction under subsection 1 is effective retroactively as of the effective date of the record the statement corrects, but the statement is effective when filed as to all of the following:
a. For the purposes of section 489.103, subsection 4.
b. As to persons that previously relied on the uncorrected record and would be adversely affected by the retroactive effect.