Section 489.1045 - Statement of conversion - effective date of conversion1. A statement of conversion must be signed by the converting entity and delivered to the secretary of state for filing.2. A statement of conversion must contain all of the following: a. The name, jurisdiction of formation, and type of entity of the converting entity.b. The name, jurisdiction of formation, and type of entity of the converted entity and if the converted entity is a foreign entity, the street and mailing addresses of an office of the converted entity that the secretary of state may use for purposes of section 489.1046, subsection 5.c. If the converting entity is a domestic limited liability company, a statement that the plan of conversion was approved in accordance with this part or, if the converting entity is a foreign entity, a statement that the conversion was approved by the foreign entity in accordance with the law of its jurisdiction of formation.d. If the converted entity is a domestic filing entity, its public organic record, as an attachment.e. If the converted entity is a domestic limited liability partnership, its statement of qualification, as an attachment.3. In addition to the requirements of subsection 2, a statement of conversion may contain any other provision not prohibited by law.4. If the converted entity is a domestic entity, its public organic record, if any, must satisfy the requirements of the law of this state, except that the public organic record does not need to be signed.5. If the converted entity is a domestic limited liability company, the conversion becomes effective when the statement of conversion is effective. In all other cases, the conversion becomes effective on the later of the following: a. The date and time provided by the organic law of the converted entity.b. When the statement is effective.Added by 2023 Iowa, ch 152, s 103, eff. 1/1/2024.Referred to in §489.1001, 489.1041
Section effective January 1, 2024; 2023 Acts, ch 152, §161
NEW section