{"data":{"id":"us-ut/utah-code-16-19-301","jurisdiction":"us-ut","citation":"Utah Code § 16-19-301","heading":"Becoming limited partners.","body":"(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.\n(2) After formation, a person becomes a limited partner:\n(a) as provided in the partnership agreement;\n(b) as the result of a transaction effective under:\n(i) Chapter 1a, Part 7, Merger;\n(ii) Chapter 1a, Part 8, Interest Exchange;\n(iii) Chapter 1a, Part 9, Conversion; or\n(iv) Chapter 1a, Part 10, Domestication;\n(c) with the affirmative vote or consent of all the partners; or\n(d) as provided in Subsection 16-19-801(1)(d) or (1)(e).\n(3) A person may become a partner without:\n(a) acquiring a transferable interest; or\n(b) making or being obligated to make a contribution to the limited partnership.","path":["Title 16 Business Entities","Chapter 16-19 Utah Uniform Limited Partnership Act","Part 16-19-3 Limited Partners"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter19/16-19-S301.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-10-08T05:55:33Z","sha256":"d584070b1e0f9844b47670d71bdc57d18190e1295aa1d63e00b42f139f8e0306","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-19-202","next":"us-ut/utah-code-16-19-302"},"notice":"GroundRules: Original legal text. Not legal advice."}
