{"data":{"id":"us-ut/utah-code-48-3a-304","jurisdiction":"us-ut","citation":"Utah Code § 48-3a-304","heading":"Liability of members and managers.","body":"(1) A debt, obligation, or other liability of a limited liability company is solely the debt, obligation, or other liability of the limited liability company. A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the limited liability company solely by reason of being or acting as a member or manager. This Subsection (1) applies regardless of the dissolution of the limited liability company.\n(2) The failure of a limited liability company to observe formalities relating to the exercise of its powers or management of its activities and affairs is not a ground for imposing liability on a member or manager of the limited liability company for a debt, obligation, or other liability of the limited liability company.","path":["Title 48 Unincorporated Business Entity Act","Chapter 48-3a Utah Revised Uniform Limited Liability Company Act","Part 48-3a-3 Relations of Members and Managers to Persons Dealing with Limited Liability Company"],"source_url":"https://le.utah.gov/xcode/Title48/Chapter3a/48-3a-S304.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"8c98d9ba2da9a88212fcbfbc43c564b87f160ef78e279c6199205f808345f40f","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-48-3a-303","next":"us-ut/utah-code-48-3a-401"},"notice":"GroundRules: Original legal text. Not legal advice."}