{"data":{"id":"us-ut/utah-code-16-1a-803","jurisdiction":"us-ut","citation":"Utah Code § 16-1a-803","heading":"Plan of interest exchange.","body":"(1) A domestic entity may be the acquired entity in an interest exchange under this part by approving a plan of interest exchange.\n(2) A domestic entity shall create a plan of interest exchange in a record and include in the plan of exchange:\n(a) the name and type of entity of the acquired entity;\n(b) the name, jurisdiction, and type of entity of the acquiring entity;\n(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;\n(d) any proposed amendment to:\n(i) the public organic record, if any, of the acquired entity;\n(ii) the private organic rules of the acquired entity that are, or are proposed to be, in a record;\n(iii) other terms and conditions of the interest exchange; and\n(iv) any other provision required by the law of this state or the organic rules of the acquired entity.\n(3) In addition to the requirements described in Subsection (2), a plan of interest exchange may contain any other provision not prohibited by law.","path":["Title 16 Business Entities","Chapter 16-1a Provisions Applicable To All Business Entities","Part 16-1a-8 Interest Exchange"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter1a/16-1a-S803.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-10-08T05:55:33Z","sha256":"f10b2d392f50589399df1ff823876f4000ebbf60bbdd4f3ea7d9013677273c6e","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-1a-802","next":"us-ut/utah-code-16-1a-804"},"notice":"GroundRules: Original legal text. Not legal advice."}