Renumbered 10/1/2026

334 words·~2 min read·/ut/title-48/chapter-1d/10-18

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

48-1d-103. Knowledge -- Notice.

(1)A person knows a fact if the person:

(a)has actual knowledge of it; or

(b)is deemed to know it under Subsection (4)(a) or law other than this chapter.

(2)A person has notice of a fact if the person:

(a)has reason to know the fact from all the facts known to the person at the time in question; or

(b)is deemed to have notice of the fact under Subsection (4)(b) .

(3)Subject to Subsection 48-1d-116(6) , a person notifies another person of a fact by taking steps reasonably required to inform the other person in ordinary course, whether or not those steps cause the other person to know the fact.

(4)A person not a partner is deemed:

(a)to know of a limitation on authority to transfer real property as provided in Subsection 48-1d-303(7) ; and

(b)to have notice of:

(i)a partner's dissociation 90 days after a statement of dissociation under Section 48-1d-804 becomes effective; and

(ii)a partnership's:

(A)dissolution 90 days after a statement of dissolution under Subsection 48-1d-902(2)(b)(i) becomes effective;

(B)termination 90 days after a statement of termination under Subsection 48-1d-902(2)(b)(vi) becomes effective;

(C)participation in a merger, interest exchange, conversion, or domestication 90 days after a statement of merger, interest exchange, conversion, or domestication under Part 10, Merger, Interest Exchange, Conversion, and Domestication , becomes effective; and

(D)abandonment of a merger, interest exchange, conversion, or domestication 90 days after a statement of abandonment of merger, interest exchange, conversion, or domestication under Part 10, Merger, Interest Exchange, Conversion, and Domestication , becomes effective.

(5)A partner's knowledge or notice of a fact relating to the partnership is effective immediately as knowledge of or notice to the partnership, except in the case of a fraud on the partnership committed by or with the consent of that partner.

Renumbered and Amended by Chapter 93 , 2026 General Session

Enacted by Chapter 412 , 2013 General Session