State Codes and Statutes

Statutes > Iowa > Title-12 > Subtitle-2 > Chapter-489 > 489-1007

489.1007 ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED LIABILITY COMPANY. 1. Subject to section 489.1014, a plan of conversion must be consented to by all the members of a converting limited liability company. 2. Subject to section 489.1014 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section 489.1008, a converting limited liability company may amend the plan or abandon the conversion 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.
         Section History: Recent Form
2008 Acts, ch 1162, §77, 155 Referred to in § 489.1001, 489.1006

State Codes and Statutes

Statutes > Iowa > Title-12 > Subtitle-2 > Chapter-489 > 489-1007

489.1007 ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED LIABILITY COMPANY. 1. Subject to section 489.1014, a plan of conversion must be consented to by all the members of a converting limited liability company. 2. Subject to section 489.1014 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section 489.1008, a converting limited liability company may amend the plan or abandon the conversion 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.
         Section History: Recent Form
2008 Acts, ch 1162, §77, 155 Referred to in § 489.1001, 489.1006

State Codes and Statutes

State Codes and Statutes

Statutes > Iowa > Title-12 > Subtitle-2 > Chapter-489 > 489-1007

489.1007 ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED LIABILITY COMPANY. 1. Subject to section 489.1014, a plan of conversion must be consented to by all the members of a converting limited liability company. 2. Subject to section 489.1014 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section 489.1008, a converting limited liability company may amend the plan or abandon the conversion 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.
         Section History: Recent Form
2008 Acts, ch 1162, §77, 155 Referred to in § 489.1001, 489.1006