{"data":{"id":"us-ut/utah-code-16-18-903","jurisdiction":"us-ut","citation":"Utah Code § 16-18-903","heading":"Rescinding dissolution.","body":"(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 16-18-901(4) or (5) dissolving the partnership.\n(2) Rescinding dissolution under this section requires:\n(a) the affirmative vote or consent of each partner;\n(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 16-1a-205 applicable to the statement of dissolution; and\n(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to the division for filing of a statement of correction under Section 16-1a-206 stating that dissolution has been rescinded under this section.\n(3) If a partnership rescinds the partnership's dissolution:\n(a) the partnership resumes carrying on the partnership's activities and affairs as if dissolution had never occurred;\n(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\n(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.","path":["Title 16 Business Entities","Chapter 16-18 Utah Uniform Partnership Act","Part 16-18-9 Dissolution And Winding Up"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter18/16-18-S903.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-10-08T05:55:33Z","sha256":"980293152677efc7a6422c0c76f3ac7a20d101eceabb2ca16c1de0bf9d6ce6bb","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-18-902","next":"us-ut/utah-code-16-18-904"},"notice":"GroundRules: Original legal text. Not legal advice."}
