{"data":{"id":"us-ut/utah-code-48-3a-114","jurisdiction":"us-ut","citation":"Utah Code § 48-3a-114","heading":"Operating agreement -- Effect on third parties and relationship to records effective on behalf of limited liability company.","body":"(1) An operating agreement may specify that its amendment requires the approval of a person that is not a party to the operating agreement or the satisfaction of a condition. An amendment is ineffective if its adoption does not include the required approval or satisfy the specified condition.\n(2) The obligations of a limited liability company and its members to a person in the person's capacity as a transferee or a person dissociated as a member are governed by the operating agreement. Subject only to a court order issued under Subsection 48-3a-503(2)(b) to effectuate a charging order, an amendment to the operating agreement made after a person becomes a transferee or is dissociated as a member:\n(a) is effective with regard to any debt, obligation, or other liability of the limited liability company or its members to the person in the person's capacity as a transferee or person dissociated as a member; and\n(b) is not effective to the extent the amendment imposes a new debt, obligation, or other liability on the transferee or person dissociated as a member.\n(3) If a record delivered by a limited liability company to the division for filing becomes effective and contains a provision that would be ineffective under Subsection 48-3a-112(3) or (4)(c) if contained in the operating agreement, the provision is ineffective in the record.\n(4) Subject to Subsection (3), if a record delivered by a limited liability company to the division for filing becomes effective and conflicts with a provision of the operating agreement:\n(a) the operating agreement prevails as to members, persons dissociated as members, transferees, and managers; and\n(b) the record prevails as to other persons to the extent they reasonably rely on the record.","path":["Title 48 Unincorporated Business Entity Act","Chapter 48-3a Utah Revised Uniform Limited Liability Company Act","Part 48-3a-1 General Provisions"],"source_url":"https://le.utah.gov/xcode/Title48/Chapter3a/48-3a-S114.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"ec8cee5203a8cbdcf012e6abe79444358197ccee1f40381fe2c40b50d9062d31","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-48-3a-113","next":"us-ut/utah-code-48-3a-115"},"notice":"GroundRules: Original legal text. Not legal advice."}