Iowa Amendment to Operating Agreement

State:
Multi-State
Control #:
US-OG-763
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Owners, by unanimous consent, desire to amend the Operating Agreement.

How to fill out Amendment To Operating Agreement?

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FAQ

Name your Iowa LLC You'll need to choose a name to include in your articles before you can register your LLC. Names must comply with Iowa's naming requirements. The following are the most important requirements to keep in mind: Your business name must include the words limited liability company, LLC, or L.L.C.

In order to operate, LLCs require real humans (and other entities) to carry out company operations. Iowa state law doesn't require you to have a written operating agreement. Iowa statute § 489.110 lists common provisions an operating agreement can include, but the law doesn't state that you must have one.

With an LLC, anyone can be a member, or owner, of the business. State PLLC laws often provide that only licensed professionals can be members, or that a certain number of members must be licensed professionals. A PLLC cannot be used to shield the members from claims for malpractice.

In order to amend your Certificate of Organization for an Iowa LLC, you must file an Amendment to Certificate of Organization with the Iowa Secretary of State, Business Services Division. In addition, you must pay the $50 filing fee.

Section 489.108 - [Effective 1/1/2024] Permitted names 1. The name of a limited liability company must contain the phrase "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.".

What is the code 489.302 in Iowa? Code 489.302 in Iowa is a statement of authority that must be filed with the Secretary of State for limited liability companies.

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Iowa Amendment to Operating Agreement