Restriction on entity transaction involving protected series.

Iowa Code § 489.14603, under UNIFORM LIMITED LIABILITY COMPANY ACT.

Iowa Code § 489.14603

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