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Utah · Through 2026 General Session

Utah Code § 48-1d-903: Rescinding dissolution.

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Where this section sits in the code
  1. Title 48 Unincorporated Business Entity Act
  2. Chapter 48-1d Utah Uniform Partnership Act
  3. Part 48-1d-9 Dissolution and Winding Up

(1) A partnership may rescind the partnership's dissolution, unless a statement of termination applicable to the partnership is effective or the court has entered an order under Subsection 48-1d-901(4) or (5) dissolving the partnership.

(2) Rescinding dissolution under this section requires:

(a) the affirmative vote or consent of each partner;

(b) if a statement of dissolution applicable to the partnership has been filed by the division but has not become effective, delivery to the division for filing of a statement of withdrawal under Section 48-1d-114 applicable to the statement of dissolution; and

(c) if a statement of dissolution applicable to the partnership is effective, the delivery to the division for filing of a statement of correction under Section 48-1d-115 stating that dissolution has been rescinded under this section.

(3) If a partnership rescinds the partnership's dissolution:

(a) the partnership resumes carrying on its activities and affairs as if dissolution had never occurred;

(b) subject to Subsection (3)(c), any liability incurred by the partnership after the dissolution and before the rescission is effective is determined as if dissolution had never occurred; and

(c) the rights of a third party arising out of conduct in reliance on the dissolution before the third party knew or had notice of the rescission may not be adversely affected.

Collected 2026-09-03T11:34:33Z. Source file · JSON

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