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Current as of January 01, 2024 | Updated by Findlaw Staff
1. A statement of domestication must be signed by the domesticating limited liability company and delivered to the secretary of state for filing.
2. A statement of domestication must contain all of the following:
a. The name and jurisdiction of formation of the domesticating limited liability company.
b. The name and jurisdiction of formation of the domesticated limited liability company and the street and mailing addresses of an office of the domesticated limited liability company that the secretary of state may use for purposes of section 489.1056, subsection 5.
c. If the domesticating limited liability company is a domestic limited liability company, a statement that the plan of domestication was approved in accordance with this part or, if the domesticating limited liability company is a foreign limited liability company, a statement that the domestication was approved in accordance with the law of its jurisdiction of formation.
d. The certificate of organization of the domesticated limited liability company, as an attachment.
3. In addition to the requirements of subsection 2, a statement of domestication may contain any other provision not prohibited by law.
4. The certificate of organization of a domestic domesticated limited liability company must satisfy the requirements of this chapter, but the certificate does not need to be signed.
5. If the domesticated entity is a domestic limited liability company, the domestication becomes effective when the statement of domestication is effective. If the domesticated entity is a foreign limited liability company, the domestication becomes effective on the later of all of the following:
a. The date and time provided by the organic law of the domesticated entity.
b. When the statement is effective.
Cite this article: FindLaw.com - Iowa Code Title XII. Business Entities [Chs. 486-504C] § 489.1055. Statement of domestication--effective date of domestication - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xii-business-entities-chs-486-504c/ia-code-sect-489-1055/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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