Iowa Code
Iowa Code § 489.108 (2026)
Nature, purpose, and duration of limited liability company
✓ current as of July 2026
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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
Cited in 2
cases (2 in the last 5 years), 2021–2026 · leading case: 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).
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). “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.”
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