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1. A plan of domestication must be consented to as follows:
a. By all the members, subject to section 489.1014, if the domesticating company is a limited liability company.
b. As provided in the domesticating company's governing statute, if the company is a foreign limited liability company.
2. Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are delivered to the secretary of state for filing under section 489.1012, a domesticating limited liability company may amend the plan or abandon the domestication as follows:
a. As provided in the plan.
b. Except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
Cite this article: FindLaw.com - Iowa Code Title XII. Business Entities [Chs. 486-504C] § 489.1011. Action on plan of domestication by domesticating limited liability company - last updated January 01, 2020 | https://codes.findlaw.com/ia/title-xii-business-entities-chs-486-504c/ia-code-sect-489-1011/
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