Iowa Code § 486A.904
Effect of conversion — entity unchanged
Iowa · Iowa Code Chapter 486A — Uniform Partnership Act · Status: effective
Cite this
- Citation
- Iowa Code § 486A.904, Effect of conversion — entity unchanged, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2255256
- Permanent ID
ys:prov:2255256@1- SHA-256
21f59bfa2e3cb52a7835bbe3eb2809fa7a81833f242cf98f13917bcf9668402a
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. A partnership or limited partnership that has been converted pursuant to this article is for all purposes the same entity that existed before the conversion.
2. When a conversion takes effect all of the following apply:
a. All property owned by the converting partnership or limited partnership remains vested in the converted entity.
b. All obligations of the converting partnership or limited partnership continue as obligations of the converted entity.
c. An action or proceeding pending against the converting partnership or limited partnership may be continued as if the conversion had not occurred.