Iowa Code § 489.708 - Grounds for administrative dissolution

The secretary of state may commence a proceeding under section 489.709 to dissolve a limited liability company administratively, if any of the following apply: 1. The limited liability company does not pay within sixty days after they are due any fees, taxes, interest, or penalties imposed by this chapter or other laws of this state. 2. The limited liability company does not deliver its biennial report required by section 489.212 to the secretary of state within sixty days after it is due. 3. The limited liability company is without a registered agent or the registered agent does not have a place of business in this state for sixty days or more. 4. The secretary of state has not been notified within sixty days that the limited liability company’s registered agent or place of business of the registered agent has been changed, or that its registered agent has resigned, or that the address of the registered agent has been discontinued. 5. The limited liability company’s period of duration stated in its certificate of organization expires. 2008 Acts, ch 1162, §53, 155 C2009, §489.705 2010 Acts, ch 1100, §14; 2023 Acts, ch 152, §58, 143, 161 C2024, §489.708 2024 Acts, ch 1125, §14, 31 Referred to in §489.211, 489.701, 489.703, 489.709 Former §489.708 transferred to §489.707; 2023 Acts, ch 152, §143, 161