House File 2402 - Enrolled House File 2402 AN ACT RELATING TO THE RESIGNATIONS OF REGISTERED AGENTS SERVING CERTAIN BUSINESS ENTITIES. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: Section 1. Section 486A.1213, subsection 3, Code 2020, is amended to read as follows: 3. The agency appointment is terminated, and the registered office discontinued if so provided, A statement of resignation takes effect on the earlier of the following: a. 12:01 a.m. on the thirty-first day after the date on which the statement of resignation was it is filed with the secretary of state . b. The designation of a new registered agent for the partnership. Sec. 2. Section 488.116, subsection 3, Code 2020, is amended to read as follows: 3. A registered agency for service of process is terminated on the date on which the statement of resignation was filed with the secretary of state. A statement of resignation takes effect on the earlier of the following: a. 12:01 a.m. on the thirty-first day after the day on which it is filed with the secretary of state. b. The designation of a new registered agent for the limited partnership. Sec. 3. Section 489.115, subsection 2, Code 2020, is amended to read as follows:

House File 2402, p. 2 2. The agency appointment is terminated, and the registered office discontinued if so provided, on the date on which the statement was filed. A statement of resignation takes effect on the earlier of the following: a. 12:01 a.m. on the thirty-first day after the day on which it is filed with the secretary of state. b. The designation of a new registered agent for the limited liability company. Sec. 4. Section 490.503, subsection 2, Code 2020, is amended to read as follows: 2. The agency appointment is terminated, and the registered office discontinued if so provided, on the date on which the statement was filed. A statement of resignation takes effect on the earlier of the following: a. 12:01 a.m. on the thirty-first day after the day on which it is filed with the secretary of state. b. The designation of a new registered agent for the corporation. Sec. 5. Section 490.1509, subsection 2, Code 2020, is amended to read as follows: 2. The agency appointment is terminated, and the registered office discontinued if so provided, on the date on which the statement was filed. A statement of resignation takes effect on the earlier of the following: a. 12:01 a.m. on the thirty-first day after the day on which it is filed with the secretary of state. b. The designation of a new registered agent for the foreign corporation. Sec. 6. Section 499.74, subsection 3, Code 2020, is amended to read as follows: 3. The agency appointment is terminated, and the registered office discontinued if so provided, A statement of resignation takes effect on the earlier of the following: a. 12:01 a.m. on the thirty-first day after the date on which the statement was it is filed with the secretary of state . b. The designation of a new registered agent for the association. Sec. 7. Section 501.106, subsection 5, paragraph b, Code

House File 2402, p. 3 2020, is amended to read as follows: b. The agency appointment is terminated, and the registered office discontinued if so provided, on the date on which the statement was filed. A statement of resignation takes effect on the earlier of the following: (1) 12:01 a.m. on the thirty-first day after the day on which it is filed with the secretary of state. (2) The designation of a new registered agent for the association. Sec. 8. Section 501A.403, subsection 2, Code 2020, is amended to read as follows: 2. The agency appointment is terminated, and the registered office discontinued if so provided, on the date on which the statement is filed by the secretary. A statement of resignation takes effect on the earlier of the following: a. 12:01 a.m. on the thirty-first day after the day on which it is filed with the secretary of state. b. The designation of a new registered agent for the cooperative. Sec. 9. Section 501B.11, subsection 4, Code 2020, is amended to read as follows: 4. a. An amendment to or cancellation of a statement appointing an agent to receive service of process must meet the requirements for executing an original statement. An agent may resign by filing a resignation in the office of the secretary of state and giving notice to the association. b. A statement of resignation takes effect on the earlier of the following: (1) 12:01 a.m. on the thirty-first day after the day on which it is filed with the secretary of state. (2) The designation of a new registered agent for the association. Sec. 10. Section 504.503, subsection 2, Code 2020, is amended to read as follows: 2. The agency appointment is terminated, and the registered office discontinued if so provided, on the date the statement was filed. A statement of resignation takes effect on the earlier of the following:

House File 2402, p. 4 a. 12:01 a.m. on the thirty-first day after the day on which it is filed with the secretary of state. b. The designation of a new registered agent for the corporation. Sec. 11. Section 504.1509, subsection 2, Code 2020, is amended to read as follows: 2. The agency appointment is terminated, and the registered office discontinued if so provided, on the date on which the statement is filed with the secretary of state. A statement of resignation takes effect on the earlier of the following: a. 12:01 a.m. on the thirty-first day after the day on which it is filed with the secretary of state. b. The designation of a new registered agent for the foreign corporation. ______________________________ PAT GRASSLEY Speaker of the House ______________________________ CHARLES SCHNEIDER President of the Senate I hereby certify that this bill originated in the House and is known as House File 2402, Eighty-eighth General Assembly. ______________________________ MEGHAN NELSON Chief Clerk of the House Approved _______________, 2020 ______________________________ KIM REYNOLDS Governor