Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 488 - UNIFORM LIMITED PARTNERSHIP ACT

Section 488.110 - Effect of partnership agreement — nonwaivable provisions. - 488.110 Effect of partnership agreement — nonwaivable provisions. 1. Except...

Section 488.111 - Required information. - 488.111 Required information. A limited partnership shall maintain at its...

Section 488.112 - Business transactions of partner with partnership. - 488.112 Business transactions of partner with partnership. A partner may...

Section 488.113 - Dual capacity. - 488.113 Dual capacity. A person may be both a general...

Section 488.114 - Registered office and registered agent for service of process. - 488.114 Registered office and registered agent for service of process....

Section 488.115 - Change of registered office or registered agent for service of process. - 488.115 Change of registered office or registered agent for service...

Section 488.116 - Resignation of registered agent for service of process. - 488.116 Resignation of registered agent for service of process. 1....

Section 488.117 - Service of process. - 488.117 Service of process. 1. A registered agent for service...

Section 488.117A - Fees. - 488.117A Fees. 1. The secretary of state shall collect the...

Section 488.118 - Consent and proxies of partners. - 488.118 Consent and proxies of partners. Action requiring the consent...

Section 488.201 - Formation of limited partnership — certificate of limited partnership. - 488.201 Formation of limited partnership — certificate of limited partnership....

Section 488.202 - Amendment or restatement of certificate. - 488.202 Amendment or restatement of certificate. 1. In order to...

Section 488.203 - Statement of termination. - 488.203 Statement of termination. A dissolved limited partnership that has...

Section 488.204 - Signing of records. - 488.204 Signing of records. 1. Each record delivered to the...

Section 488.205 - Signing and filing pursuant to judicial order. - 488.205 Signing and filing pursuant to judicial order. 1. If...

Section 488.206 - Delivery to and filing of records by secretary of state — effective time and date. - 488.206 Delivery to and filing of records by secretary of...

Section 488.206A - Secretary of state — extra services — surcharge. - 488.206A Secretary of state — extra services — surcharge. Upon...

Section 488.207 - Correcting filed record. - 488.207 Correcting filed record. 1. A limited partnership or foreign...

Section 488.208 - Liability for false information in filed record — penalty. - 488.208 Liability for false information in filed record — penalty....

Section 488.209 - Certificate of existence or authorization. - 488.209 Certificate of existence or authorization. 1. The secretary of...

Section 488.210 - Biennial report for secretary of state. - 488.210 Biennial report for secretary of state. 1. A limited...

Section 488.301 - Becoming limited partner. - 488.301 Becoming limited partner. A person becomes a limited partner...

Section 488.302 - No right or power as limited partner to bind limited partnership. - 488.302 No right or power as limited partner to bind...

Section 488.303 - No liability as limited partner for limited partnership obligations. - 488.303 No liability as limited partner for limited partnership obligations....

Section 488.304 - Right of limited partner and former limited partner to information. - 488.304 Right of limited partner and former limited partner to...

Section 488.305 - Limited duties of limited partners. - 488.305 Limited duties of limited partners. 1. A limited partner...

Section 488.306 - Person erroneously believing self to be limited partner. - 488.306 Person erroneously believing self to be limited partner. 1....

Section 488.401 - Becoming general partner. - 488.401 Becoming general partner. A person becomes a general partner...

Section 488.402 - General partner agent of limited partnership. - 488.402 General partner agent of limited partnership. 1. Each general...

Section 488.403 - Limited partnership liable for general partner’s actionable conduct. - 488.403 Limited partnership liable for general partner’s actionable conduct. 1....

Section 488.404 - General partner’s liability. - 488.404 General partner’s liability. 1. Except as otherwise provided in...

Section 488.405 - Actions by and against partnership and partners. - 488.405 Actions by and against partnership and partners. 1. To...

Section 488.406 - Management rights of general partner. - 488.406 Management rights of general partner. 1. Each general partner...

Section 488.407 - Right of general partner and former general partner to information. - 488.407 Right of general partner and former general partner to...

Section 488.408 - General standards of general partner’s conduct. - 488.408 General standards of general partner’s conduct. 1. The only...

Section 488.501 - Form of contribution. - 488.501 Form of contribution. A contribution of a partner may...

Section 488.502 - Liability for contribution. - 488.502 Liability for contribution. 1. A partner’s obligation to contribute...

Section 488.503 - Sharing of distributions. - 488.503 Sharing of distributions. A distribution by a limited partnership...

Section 488.504 - Interim distributions. - 488.504 Interim distributions. A partner does not have a right...

Section 488.505 - No distribution on account of dissociation. - 488.505 No distribution on account of dissociation. A person does...

Section 488.506 - Distribution in kind. - 488.506 Distribution in kind. A partner does not have a...

Section 488.507 - Right to distribution. - 488.507 Right to distribution. When a partner or transferee becomes...

Section 488.508 - Limitations on distribution. - 488.508 Limitations on distribution. 1. A limited partnership shall not...

Section 488.509 - Liability for improper distributions. - 488.509 Liability for improper distributions. 1. A general partner that...

Section 488.601 - Dissociation as limited partner. - 488.601 Dissociation as limited partner. 1. A person does not...

Section 488.602 - Effect of dissociation as limited partner. - 488.602 Effect of dissociation as limited partner. 1. Upon a...

Section 488.603 - Dissociation as general partner. - 488.603 Dissociation as general partner. A person is dissociated from...

Section 488.604 - Person’s power to dissociate as general partner — wrongful dissociation. - 488.604 Person’s power to dissociate as general partner — wrongful...

Section 488.605 - Effect of dissociation as general partner. - 488.605 Effect of dissociation as general partner. 1. Upon a...

Section 488.606 - Power to bind — liability to limited partnership before dissolution of partnership of person dissociated as general partner. - 488.606 Power to bind — liability to limited partnership before...

Section 488.607 - Liability to other persons of person dissociated as general partner. - 488.607 Liability to other persons of person dissociated as general...

Section 488.701 - Partner’s transferable interest. - 488.701 Partner’s transferable interest. The only interest of a partner...

Section 488.702 - Transfer of partner’s transferable interest. - 488.702 Transfer of partner’s transferable interest. 1. All of the...

Section 488.703 - Rights of creditor of partner or transferee. - 488.703 Rights of creditor of partner or transferee. 1. On...

Section 488.704 - Power of estate of deceased partner. - 488.704 Power of estate of deceased partner. If a partner...

Section 488.801 - Nonjudicial dissolution. - 488.801 Nonjudicial dissolution. Except as otherwise provided in section 488.802,...

Section 488.802 - Judicial dissolution. - 488.802 Judicial dissolution. On application by or for a partner,...

Section 488.803 - Winding up. - 488.803 Winding up. 1. A limited partnership continues after dissolution...

Section 488.804 - Power of general partner and person dissociated as general partner to bind partnership after dissolution. - 488.804 Power of general partner and person dissociated as general...

Section 488.805 - Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners, and persons dissociated as general partner. - 488.805 Liability after dissolution of general partner and person dissociated...

Section 488.806 - Known claims against dissolved limited partnership. - 488.806 Known claims against dissolved limited partnership. 1. A dissolved...

Section 488.807 - Other claims against dissolved limited partnership. - 488.807 Other claims against dissolved limited partnership. 1. A dissolved...

Section 488.807A - Court proceedings. - 488.807A Court proceedings. 1. A dissolved limited partnership that has...

Section 488.808 - Liability of general partner and person dissociated as general partner when claim against limited partnership barred. - 488.808 Liability of general partner and person dissociated as general...

Section 488.809 - Administrative dissolution. - 488.809 Administrative dissolution. 1. The secretary of state may dissolve...

Section 488.810 - Reinstatement following administrative dissolution. - 488.810 Reinstatement following administrative dissolution. 1. A limited partnership that...

Section 488.811 - Appeal from denial of reinstatement. - 488.811 Appeal from denial of reinstatement. 1. If the secretary...

Section 488.812 - Disposition of assets — when contributions required. - 488.812 Disposition of assets — when contributions required. 1. In...

Section 488.901 - Governing law. - 488.901 Governing law. 1. The laws of the state or...

Section 488.902 - Application for certificate of authority. - 488.902 Application for certificate of authority. 1. A foreign limited...

Section 488.903 - Activities not constituting transacting business. - 488.903 Activities not constituting transacting business. 1. Activities of a...

Section 488.904 - Approval of application for certificate of authority — notification. - 488.904 Approval of application for certificate of authority — notification....

Section 488.905 - Noncomplying name of foreign limited partnership. - 488.905 Noncomplying name of foreign limited partnership. 1. A foreign...

Section 488.906 - Revocation of certificate of authority. - 488.906 Revocation of certificate of authority. 1. A certificate of...

Section 488.907 - Cancellation of certificate of authority — effect of failure to have certificate. - 488.907 Cancellation of certificate of authority — effect of failure...

Section 488.908 - Action by attorney general. - 488.908 Action by attorney general. The attorney general may maintain...

Section 488.1001 - Direct action by partner. - 488.1001 Direct action by partner. 1. Subject to subsection 2,...

Section 488.1002 - Derivative action. - 488.1002 Derivative action. A partner may maintain a derivative action...

Section 488.1003 - Proper plaintiff. - 488.1003 Proper plaintiff. A derivative action may be maintained only...

Section 488.1004 - Pleading. - 488.1004 Pleading. In a derivative action, the petition must state...

Section 488.1005 - Proceeds and expenses. - 488.1005 Proceeds and expenses. 1. Except as otherwise provided in...

Section 488.1101 - Definitions. - 488.1101 Definitions. For purposes of this article, unless the context...

Section 488.1102 - Conversion. - 488.1102 Conversion. 1. An organization other than a limited partnership...

Section 488.1103 - Action on plan of conversion by converting limited partnership. - 488.1103 Action on plan of conversion by converting limited partnership....

Section 488.1104 - Filings required for conversion — effective date. - 488.1104 Filings required for conversion — effective date. 1. After...

Section 488.1105 - Effect of conversion. - 488.1105 Effect of conversion. 1. An organization that has been...

Section 488.1106 - Mergers. - 488.1106 Mergers. 1. A limited partnership may merge with one...

Section 488.1107 - Action on plan of merger by constituent limited partnership. - 488.1107 Action on plan of merger by constituent limited partnership....

Section 488.1108 - Filings required for merger — effective date. - 488.1108 Filings required for merger — effective date. 1. After...

Section 488.1109 - Effect of merger. - 488.1109 Effect of merger. 1. When a merger becomes effective,...

Section 488.1110 - Restrictions on approval of conversions and mergers and on relinquishing limited liability limited partnership status. - 488.1110 Restrictions on approval of conversions and mergers and on...

Section 488.1111 - Liability of general partner after conversion or merger. - 488.1111 Liability of general partner after conversion or merger. 1....

Section 488.1112 - Power of general partners and persons dissociated as general partners to bind organization after conversion or merger. - 488.1112 Power of general partners and persons dissociated as general...

Section 488.1113 - Article not exclusive. - 488.1113 Article not exclusive. This article does not preclude an...

Section 488.1201 - Uniformity of application and construction. - 488.1201 Uniformity of application and construction. In applying and construing...

Section 488.1202 - Severability. - 488.1202 Severability. If any provision of this chapter or its...

Section 488.1203 - Relation to Electronic Signatures in Global and National Commerce Act. - 488.1203 Relation to Electronic Signatures in Global and National Commerce...

Section 488.1204 - Application to existing relationships. - 488.1204 Application to existing relationships. 1. Before January 1, 2006,...

Section 488.1205 - Savings clause. - 488.1205 Savings clause. This chapter does not affect an action...

Section 488.1206 - Fees. - 488.1206 Fees. Transferred to §488.117A; 2019 Acts, ch 24, §104...

Section 488.1207 - Effective date. - 488.1207 Effective date. Repealed by 2017 Acts, ch 29, §164.

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Iowa Code Title XII - BUSINESS ENTITIES Chapter 488 - UNIFORM LIMITED PARTNERSHIP ACT

Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 488 - UNIFORM LIMITED PARTNERSHIP ACT