This text of Iowa § 489.14605 (Plan of merger) 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.
In a merger under section 489.14604, the plan of merger must do all of the following:
1. Comply with subchapter X, parts 1 and 2.
2. State in a record all of the following:
a. For any protected series of a nonsurviving company, whether after the merger
the protected series will be a relocated protected series or be dissolved, wound up, and
terminated.
b. For any protected series of the surviving company which exists before the merger,
whether after the merger the protected series will be a continuing protected series or be
dissolved, wound up, and terminated.
c. For each relocated protected series or continuing protected series all of the following:
(1)The name of any person that becomes an associated member or protected-series
transferee of the protected series after the merger, any cons
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In a merger under section 489.14604, the plan of merger must do all of the following:
1. Comply with subchapter X, parts 1 and 2.
2. State in a record all of the following:
a. For any protected series of a nonsurviving company, whether after the merger
the protected series will be a relocated protected series or be dissolved, wound up, and
terminated.
b. For any protected series of the surviving company which exists before the merger,
whether after the merger the protected series will be a continuing protected series or be
dissolved, wound up, and terminated.
c. For each relocated protected series or continuing protected series all of the following:
(1) The name of any person that becomes an associated member or protected-series
transferee of the protected series after the merger, any consideration to be paid by, on behalf
of, or in respect of the person, the name of the payor, and the name of the payee.
(2) The name of any person whose rights or obligations in the person’s capacity as an
associated member or protected-series transferee will change after the merger.
(3) Any consideration to be paid to a person who before the merger was an associated
member or protected-series transferee of the protected series and the name of the payor.
(4) If after the merger the protected series will be a relocated protected series, its new
name.
d. For any protected series to be established by the surviving company as a result of the
merger all of the following:
(1) The name of the protected series.
(2) Anyprotected-seriestransferableinteresttobeownedbythesurvivingcompanywhen
the protected series is established.
(3) The name of and any protected-series transferable interest owned by any person that
will be an associated member of the protected series when the protected series is established.
e. For any person that is an associated member of a relocated protected series and will
remain a member after the merger, any amendment to the operating agreement of the
surviving company which is all of the following:
(1) Is or is proposed to be in a record.
(2) Is necessary or appropriate to state the rights and obligations of the person as a
member of the surviving company.