Utah Code § 16-1a-803: Plan of interest exchange.

(1) A domestic entity may be the acquired entity in an interest exchange under this part by approving a plan of interest exchange.

(2) A domestic entity shall create a plan of interest exchange in a record and include in the plan of exchange:

(a) the name and type of entity of the acquired entity;

(b) the name, jurisdiction, and type of entity of the acquiring entity;

(c) the process of converting the interests in the acquired entity into interests, securities, obligations, money, other property, or rights to acquire interests or securities;

(d) any proposed amendment to:

(i) the public organic record, if any, of the acquired entity;

(ii) the private organic rules of the acquired entity that are, or are proposed to be, in a record;

(iii) other terms and conditions of the interest exchange; and

(iv) any other provision required by the law of this state or the organic rules of the acquired entity.

(3) In addition to the requirements described in Subsection (2), a plan of interest exchange may contain any other provision not prohibited by law.