Iowa Code

Iowa Code § 489.108 (2026)

Nature, purpose, and duration of limited liability company

✓ current as of July 2026
Find cases: SyfertCases citing this section IA-LEGlegis.iowa.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar

1. A limited liability company is an entity distinct from its member or members.

2. A limited liability company may have any lawful purpose, regardless of whether for profit.

3. A limited liability company has perpetual duration. 2008 Acts, ch 1162, §4, 155 C2009, §489.104 2023 Acts, ch 152, §4, 143, 161 C2024, §489.108 Former §489.108 transferred to §489.112; 2023 Acts, ch 152, §143, 161 \n

Notes of Decisions
The Est. of Anthony J. Zdroik, by Trishann W. Zdroik, Pers. Rep. v. Iowa S. Ry. Co., Brian Ostrowski, John Ostrowski, Steven Runstrom & Phil Gliniecki (Iowa Ct. App. 2021). · cites it 2× “See Iowa Code § 489.108 (1) (“The name of a limited liability company must contain the words ‘limited liability company’ or ‘limited company’ or the abbreviation ‘L.”
Eagle Rise Dev., LLC, Troy Scott Wilbur & Alexander Scott Wilbur v. Iowa Dist. Court for Clinton Cnty. (Iowa 2026). “§ 489.108(1) (“A limited liability company is an entity distinct from its member or members.”
— Iowa Code § 489.108(1) — 1 case
Eagle Rise Dev., LLC, Troy Scott Wilbur & Alexander Scott Wilbur v. Iowa Dist. Court for Clinton Cnty. (Iowa 2026). “§ 489.108(1) (“A limited liability company is an entity distinct from its member or members.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.