House File 2402 - EnrolledAn Actrelating 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:
   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
-1-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
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.
-2-
   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:

   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:
-3-   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 GRASSLEYSpeaker of the House
______________________________
CHARLES SCHNEIDERPresident 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 NELSONChief Clerk of the House
Approved _______________, 2020______________________________
KIM REYNOLDSGovernor
da/jh