{"data":{"id":"us-ut/utah-code-48-3a-1043","jurisdiction":"us-ut","citation":"Utah Code § 48-3a-1043","heading":"Approval of conversion.","body":"(1) A plan of conversion is not effective unless it has been approved:\n(a) by a domestic converting limited liability company by all the members of the limited liability company entitled to vote on or consent to any matter; and\n(b) in a record, by each member of a domestic converting limited liability company that will have interest holder liability for debts, obligations, and other liabilities that arise after the conversion becomes effective:\n(i) the operating agreement of the limited liability company provides in a record for the approval of a conversion or a merger in which some or all of its interest holders become subject to interest holder liability by the vote or consent of fewer than all the interest holders; and\n(ii) the member voted for or consented in a record to that provision of the operating agreement or became a member after the adoption of that provision.\n(2) A conversion involving a domestic converting entity that is not a limited liability company, including a subject entity, is not effective unless it is approved by the domestic converting entity in accordance with its organic law.\n(3) A conversion of a foreign converting entity is not effective unless it is approved by the foreign entity in accordance with the law of the foreign entity's jurisdiction of formation.","path":["Title 48 Unincorporated Business Entity Act","Chapter 48-3a Utah Revised Uniform Limited Liability Company Act","Part 48-3a-10 Merger, Interest Exchange, Conversion, and Domestication"],"source_url":"https://le.utah.gov/xcode/Title48/Chapter3a/48-3a-S1043.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"6c550e013c0b7d5b4eb62483ae90651222a20ee36726dc20505603ab2085acdf","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-48-3a-1042","next":"us-ut/utah-code-48-3a-1044"},"notice":"GroundRules: Original legal text. Not legal advice."}