16-20-902. Application of this part.
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Effective 10/1/2026
16-20-902. Application of this part.
(1)If a conflict arises between this part and another provision of this chapter, this part controls.
(2)Notwithstanding the other provisions of this part, on and after January 1, 2016:
(a)a professional services company may not designate series of transferable interests; and
(b)a limited liability company may not form a professional services company as a series of the limited liability company.
Renumbered and Amended by Chapter 92 , 2026 General Session