Analysis and Legal News

What is a Series LLC?

In the state of Iowa, “series LLCs” are permissible under Article 14 of Iowa’s Revised Uniform Limited Liability Company Act, also referred to as the Iowa Uniform Protected Series Act. A series LLC includes multiple (potentially unlimited in number) liability “baskets” (referred to as “protected series” in Iowa) under a single organizational umbrella and is

How do I form an LLC in Iowa?

There are several important steps to take when setting up an LLC in Iowa. The first is determining if any sort of licensing or permits are required. While Iowa does not have a general state business license, certain businesses may require specific licenses or permits depending on the LLC’s intended business type of business. The

What is Earnest Money?

Earnest money is a term most commonly used in real estate transactions. Earnest money is a sum of money a buyer will put down to demonstrate their seriousness about buying a home. Earnest money essentially acts like a deposit on the house you are intending to buy. Generally, earnest money will be around 1% to

NIL Knows No Boundaries

By : J.D. Hartung NIL knows no boundaries . . . yet! The NCAA’s “acceptance” of the reality that student-athletes must be allowed to make money from their own NIL (Name, Image and Likeness) has created a huge “gray area” when it comes to what is or is not permissible. The NCAA’s initial “Interim NIL

Real Estate – Restrictive Covenants

Are you thinking about purchasing property? Whether you are purchasing a new home or a piece of land, it is important to understand what covenants and restrictions apply to that property. Restrictive covenants, aka property covenants, tell you what you can and cannot do with your property.  Two main purposes of covenants are to limit

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