489.108 Name.
1. The name of a limited liability company must contain the words “limited liability company” or “limited company” or the abbreviation “L.L.C.”, “LLC”, “L.C.”, or “LC”. “Limited” may be abbreviated as “Ltd.”, and “company” may be abbreviated as “Co.”.
2. Unless authorized by subsection 3, the name of a limited liability company must be distinguishable in the records of the secretary of state from all of the following:
a. The name of each person that is not an individual and that is incorporated, organized, or authorized to transact business in this state.
b. Each name reserved under section 489.109.
3. A limited liability company may apply to the secretary of state for authorization to use a name that does not comply with subsection 2. The secretary of state shall authorize use of the name applied for if either of the following applies:
a. The present user, registrant, or owner of the noncomplying name consents in a signed record to the use and submits an undertaking in a form satisfactory to the secretary of state to change the noncomplying name to a name that complies with subsection 2 and is distinguishable in the records of the secretary of state from the name applied for.
b. The applicant delivers to the secretary of state a certified copy of the final judgment of a court establishing the applicant’s right to use in this state the name applied for.
4. A limited liability company may use the name, including the fictitious name, of another entity that is used in this state if the other entity is formed under the law of this state or is authorized to transact business in this state and the proposed user limited liability company meets any of the following conditions:
a. Has merged with the other entity.
b. Has been formed by reorganization of the other entity.
c. Has acquired all or substantially all of the assets, including the name, of the other entity.
5. This article does not control the use of fictitious names. However, if a limited liability company uses a fictitious name in this state, it shall deliver to the secretary of state for filing a certified copy of the resolution of its members if it is member-managed or its managers if it is manager-managed, adopting the fictitious name.
6. Subject to section 489.805, this section applies to a foreign limited liability company transacting business in this state which has a certificate of authority to transact business in this state or which has applied for a certificate of authority.
2008 Acts, ch 1162, §8, 155; 2009 Acts, ch 133, §160
Referred to in §488.108, 489.201, 489.706, 489.802, 489.805, 489.14202, 489.14703, 490.401, 504.401, 504.403
Structure Iowa Code
Chapter 489 - REVISED UNIFORM LIMITED LIABILITY COMPANY ACT
Section 489.101 - Short title.
Section 489.102 - Definitions.
Section 489.103 - Knowledge — notice.
Section 489.104 - Nature, purpose, and duration of limited liability company.
Section 489.106 - Governing law.
Section 489.107 - Supplemental principles of law.
Section 489.109 - Reservation of name.
Section 489.110 - Operating agreement — scope, function, and limitations.
Section 489.113 - Registered office and registered agent for service of process.
Section 489.114 - Change of registered office or registered agent for service of process.
Section 489.115 - Resignation of registered agent for service of process.
Section 489.116 - Service of process.
Section 489.201 - Formation of limited liability company — certificate of organization.
Section 489.202 - Amendment or restatement of certificate of organization.
Section 489.203 - Signing of records to be delivered for filing to secretary of state.
Section 489.204 - Signing and filing pursuant to judicial order.
Section 489.205 - Delivery to and filing of records by secretary of state — effective time and date.
Section 489.205A - Secretary of state — extra services — surcharge.
Section 489.206 - Correcting filed record.
Section 489.207 - Penalty for signing false record.
Section 489.208 - Certificate of existence or authorization.
Section 489.209 - Biennial report for secretary of state.
Section 489.301 - No agency power of member as member.
Section 489.302 - Statement of authority.
Section 489.303 - Statement of denial.
Section 489.304 - Liability of members and managers.
Section 489.401 - Becoming member.
Section 489.402 - Form of contribution.
Section 489.403 - Liability for contributions.
Section 489.404 - Sharing of and right to distributions before dissolution.
Section 489.405 - Limitations on distribution.
Section 489.406 - Liability for improper distributions.
Section 489.407 - Management of limited liability company.
Section 489.408 - Indemnification and insurance.
Section 489.409 - Standards of conduct for members and managers.
Section 489.410 - Right of members, managers, and dissociated members to information.
Section 489.501 - Nature of transferable interest.
Section 489.502 - Transfer of transferable interest.
Section 489.503 - Charging order.
Section 489.504 - Power of personal representative of deceased member.
Section 489.601 - Member’s power to dissociate — wrongful dissociation.
Section 489.602 - Events causing dissociation.
Section 489.603 - Effect of person’s dissociation as member.
Section 489.604 - Member’s power to dissociate under certain circumstances.
Section 489.701 - Events causing dissolution.
Section 489.701A - Rescinding dissolution.
Section 489.703 - Known claims against dissolved limited liability company.
Section 489.704 - Other claims against dissolved limited liability company.
Section 489.705 - Administrative dissolution.
Section 489.706 - Reinstatement following administrative dissolution.
Section 489.707 - Appeal from rejection of reinstatement.
Section 489.708 - Distribution of assets in winding up limited liability company’s activities.
Section 489.801 - Governing law.
Section 489.802 - Application for certificate of authority.
Section 489.803 - Activities not constituting transacting business.
Section 489.804 - Filing of certificate of authority.
Section 489.805 - Noncomplying name of foreign limited liability company.
Section 489.806 - Revocation of certificate of authority.
Section 489.807 - Cancellation of certificate of authority.
Section 489.808 - Effect of failure to have certificate of authority.
Section 489.809 - Action by attorney general.
Section 489.901 - Direct action by member.
Section 489.902 - Derivative action.
Section 489.903 - Proper plaintiff.
Section 489.906 - Proceeds and expenses.
Section 489.1001 - Definitions.
Section 489.1003 - Action on plan of merger by constituent limited liability company.
Section 489.1004 - Filings required for merger — effective date.
Section 489.1005 - Effect of merger.
Section 489.1006 - Conversion.
Section 489.1007 - Action on plan of conversion by converting limited liability company.
Section 489.1008 - Filings required for conversion — effective date.
Section 489.1009 - Effect of conversion.
Section 489.1010 - Domestication.
Section 489.1011 - Action on plan of domestication by domesticating limited liability company.
Section 489.1012 - Filings required for domestication — effective date.
Section 489.1013 - Effect of domestication.
Section 489.1014 - Restrictions on approval of mergers, conversions, and domestications.
Section 489.1015 - Merger of domestic cooperative into a domestic limited liability company.
Section 489.1016 - Article not exclusive.
Section 489.1101 - Definitions.
Section 489.1102 - Purposes and powers.
Section 489.1104 - Who may organize.
Section 489.1105 - Practice by professional limited liability company.
Section 489.1106 - Professional regulation.
Section 489.1107 - Relationship and liability to persons served.
Section 489.1108 - Issuance of interests.
Section 489.1109 - Assignment of interests.
Section 489.1110 - Convertible interests — rights and options.
Section 489.1111 - Voting trust — proxy.
Section 489.1112 - Required purchase by professional limited liability company of its own interests.
Section 489.1113 - Certificates representing interests.
Section 489.1114 - Management.
Section 489.1116 - Dissolution or liquidation.
Section 489.1117 - Foreign professional limited liability company.
Section 489.1118 - Limited liability companies organized under the other laws.
Section 489.1119 - Conflicts with other provisions of this chapter.
Section 489.1201 - Series of transferable interests.
Section 489.1202 - Management of a series.
Section 489.1203 - Series distributions.
Section 489.1204 - Dissociation from a series.
Section 489.1205 - Termination of a series.
Section 489.1206 - Foreign series.
Section 489.1301 - Uniformity of application and construction.
Section 489.1302 - Relation to Electronic Signatures in Global and National Commerce Act.
Section 489.1303 - Savings clause.
Section 489.1304 - Application to existing relationships.
Section 489.14101 - Short title.
Section 489.14102 - Definitions.
Section 489.14103 - Nature of protected series.
Section 489.14104 - Powers and duration of protected series.
Section 489.14105 - Governing law.
Section 489.14106 - Relation of operating agreement, this article, and this chapter.
Section 489.14107 - Additional limitations on operating agreement.
Section 489.14201 - Protected series designation — amendment.
Section 489.14203 - Registered agent.
Section 489.14204 - Service of process, notice, demand, or other record.
Section 489.14205 - Certificate of existence for protected series.
Section 489.14206 - Information required in biennial report — effect of failure to provide.
Section 489.14301 - Associated asset.
Section 489.14302 - Associated member.
Section 489.14303 - Protected-series transferable interest.
Section 489.14304 - Management.
Section 489.14401 - Limitations on liability.
Section 489.14402 - Claim seeking to disregard limitation of liability.
Section 489.14404 - Enforcement against nonassociated asset.
Section 489.14501 - Events causing dissolution of protected series.
Section 489.14502 - Winding up dissolved protected series.
Section 489.14601 - Definitions.
Section 489.14602 - Protected series shall not be party to entity transaction.
Section 489.14603 - Restriction on entity transaction involving protected series.
Section 489.14604 - Merger authorized — parties restricted.
Section 489.14605 - Plan of merger.
Section 489.14606 - Articles of merger.
Section 489.14607 - Effect of merger.
Section 489.14608 - Application of section 489.14404 after merger.
Section 489.14701 - Governing law.
Section 489.14703 - Authorization of foreign protected series.
Section 489.14801 - Uniformity of application and construction.