GroundRules
Utah Code § 16-20-103: Nature, purpose, and duration of limited liability company.
Where this section sits in the code
- Title 16 Business Entities
- Chapter 16-20 Utah Revised Uniform Limited Liability Company Act
- Part 16-20-1 General Provisions
(1) A limited liability company is an entity distinct from the limited liability company's member or members.
(2) A limited liability company may have any lawful purpose, regardless of whether for profit.
(3) A limited liability company has perpetual duration.
Collected 2026-10-08T05:55:33Z. Source file · JSON