Iowa Statutes
§ 489.108 — Nature, purpose, and duration of limited liability company
Iowa § 489.108
This text of Iowa § 489.108 (Nature, purpose, and duration of limited liability company) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 489.108 (2026).
Text
1.A limited liability company is an entity distinct from its member or members.
2.A limited liability company may have any lawful purpose, regardless of whether for
profit.
3.A limited liability company has perpetual duration.
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Related
Nearby Sections
15
§ 489.1001
Definitions§ 489.1002
Relationship of subchapter to other laws§ 489.1003
Required notice or approval§ 489.1004
Nonexclusivity§ 489.1005
Reference to external facts§ 489.1006
Appraisal rights§ 489.1007
Excluded entities and transactions§ 489.101
Short title§ 489.102
Definitions§ 489.1021
Merger authorized§ 489.1022
Plan of merger§ 489.1023
Approval of merger§ 489.1026
Effect of mergerCite This Page — Counsel Stack
Bluebook (online)
Iowa § 489.108, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/489.108.