The bill amends various sections of the Iowa Code concerning the filing of documents by business entities with the Secretary of State, particularly enhancing the authority of the Secretary to refuse to file documents that are materially false, fraudulent, or intended for unlawful purposes. Key changes include the insertion of the term "record" alongside "document," broadening the scope of what can be filed. The bill establishes a new procedure for correcting incorrect statements in registered filings and introduces a notarized affidavit process for removing unauthorized use information. It also clarifies that the Secretary of State is not obligated to inspect or evaluate the documents presented for filing.

Additionally, the bill outlines the appeal process for entities contesting the Secretary of State's refusal to file a document or decisions regarding the removal of unauthorized use information. Entities can petition the district court for relief, and the Secretary of State may act as the registered agent for partnerships or foreign partnerships if necessary. Importantly, the bill specifies that no fees will be charged for processing affidavits or removing unauthorized information, aiming to streamline the filing process while enhancing the integrity of registered filings and protecting against fraudulent activities.

Statutes affected:
Introduced: 9.11, 501A.205, 486A.101, 486A.303, 486A.1205, 486A.1206B, 488.117A, 488.115, 488.206, 488.809, 489.210C, 489.122, 489.202, 489.209, 489.210, 489.210B, 490.124, 490.125, 490.126B, 499.44, 499.44D, 501.105, 501.105D, 501A.202, 501A.202B, 501A.402, 504.116, 504.117B, 504.401, 504.403, 504.117C