GroundRules
Utah Code § 16-19-103: Nature, purpose, and duration of limited partnership.
Where this section sits in the code
- Title 16 Business Entities
- Chapter 16-19 Utah Uniform Limited Partnership Act
- Part 16-19-1 General Provisions
(1)
(a) A limited partnership is an entity distinct from the limited partnership's partners.
(b) A limited partnership is the same entity regardless of whether the limited partnership's certificate states that the limited partnership is a limited liability limited partnership.
(2) A limited partnership may have any lawful purpose, regardless of whether for profit.
(3) A limited partnership has perpetual duration.
Collected 2026-10-08T05:55:33Z. Source file · JSON