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Utah · Through 2026 General Session

Utah Code § 16-19-301: Becoming limited partners.

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Where this section sits in the code
  1. Title 16 Business Entities
  2. Chapter 16-19 Utah Uniform Limited Partnership Act
  3. Part 16-19-3 Limited Partners

(1) Upon formation of a limited partnership, a person becomes a limited partner as agreed among the persons that are to be the initial partners.

(2) After formation, a person becomes a limited partner:

(a) as provided in the partnership agreement;

(b) as the result of a transaction effective under:

(i) Chapter 1a, Part 7, Merger;

(ii) Chapter 1a, Part 8, Interest Exchange;

(iii) Chapter 1a, Part 9, Conversion; or

(iv) Chapter 1a, Part 10, Domestication;

(c) with the affirmative vote or consent of all the partners; or

(d) as provided in Subsection 16-19-801(1)(d) or (1)(e).

(3) A person may become a partner without:

(a) acquiring a transferable interest; or

(b) making or being obligated to make a contribution to the limited partnership.

Collected 2026-10-08T05:55:33Z. Source file · JSON

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