Management.

1. All managers of a professional limited liability company shall at all times be individuals who are licensed to practice a profession in this state or a lawful combination of professions pursuant to section 489.1102 , which the limited liability company is authorized to practice. 2. Notwithstanding subsection 1 , upon the occurrence of any event that requires the professional limited liability company either to be dissolved or to elect to no longer be a professional limited liability company but continue its existence as a limited liability company, as provided in section 489.1119 , all of the following apply: a. The professional limited liability company ceases to practice the profession that the professional limited liability company is authorized to practice, as provided in section 489.1119 . b. The individuals who are not licensed to practice in this state a profession that the professional limited liability company is authorized to practice may be appointed as officers and directors for the sole purpose of doing any of the following: (1) Carrying out the dissolution of the professional limited liability company. (2) If applicable, carrying out the voluntary election of the professional limited liability company to no longer be a professional limited liability company but continue its existence as a limited liability company, as provided in section 489.1119 . 2008 Acts, ch 1162, §100, 155 ; 2011 Acts, ch 1, §4, 5, 6 ; 2023 Acts, ch 152, §117, 161