§ 488.810 — Reinstatement following administrative dissolution

Iowa § 488.810

• Jurisdiction: Iowa
• Title XII: BUSINESS ENTITIES
• Ch. 488: UNIFORM LIMITED PARTNERSHIP ACT

Text

1. A limited partnership that has been administratively dissolved may apply to the
secretary of state for reinstatement at any time after the effective date of dissolution. The
application must be delivered to the secretary of state for filing and state all of the following:
a. The name of the limited partnership and the effective date of its administrative
dissolution.
b. That the grounds for dissolution either did not exist or have been eliminated.
c. If the application is received more than five years after the effective date of the
dissolution, that the limited partnership’s name satisfies the requirements of section 488.108.
2. If the secretary of state determines that an application contains the information
required by subsection 1 and that the information is correct, the secretary of state shall
prepare a declaration of reinstatement that states this determination, sign, and file the
declaration of reinstatement, and deliver a copy to the limited partnership.
3. When reinstatement becomes effective, it relates back to and takes effect as of the
effective date of the administrative dissolution and the limited partnership may resume its
activities as if the administrative dissolution had never occurred.
4. Alimitedpartnershipshallnotrelinquishtherighttoretainitsnameifthereinstatement
is effective within five years of the effective date of the limited partnership’s dissolution.