489.206 - CORRECTING FILED RECORD. - Iowa Statutes

489.206 CORRECTING FILED RECORD. 1. A limited liability company or foreign limited liability company may deliver to the secretary of state for filing a statement of correction to correct a record previously delivered by the company to the secretary of state and filed by the secretary of state, if at the time of filing the record contained inaccurate information or was defectively signed. 2. A statement of correction under subsection 1 shall not have a delayed effective date and must do all of the following: a. Describe the record to be corrected, including its filing date, or attach a copy of the record as filed. b. Specify the inaccurate information and the reason it is inaccurate or the manner in which the signing was defective. c. Correct the defective signature or inaccurate information. 3. When filed by the secretary of state, a statement of correction under subsection 1 is effective retroactively as of the effective date of the record the statement corrects, but the statement is effective when filed as to all of the following: a. For the purposes of section 489.103, subsection 4. b. As to persons that previously relied on the uncorrected record and would be adversely affected by the retroactive effect.          Section History: Recent Form 2008 Acts, ch 1162, §23, 155 Referred to in § 489.105, 489.202, 489.205