Repealed 10/1/2026
187 words·~1 min read·
/ut/title-48/chapter-1d/10-34A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Repealed 10/1/2026
48-1d-1053. Approval of domestication.
(1)A plan of domestication of a domestic domesticating limited liability partnership is not effective unless it has been approved:
(a)by all the partners entitled to vote on or consent to any matter; and
(b)in a record, by each partner that will have interest holder liability for debts, obligations, and other liabilities that arise after the domestication becomes effective, unless:
(i)the partnership agreement of the entity provides in a record for the approval of a domestication or merger in which some or all of its partners become subject to interest holder liability by the vote or consent of fewer than all the partners; and
(ii)the partner voted for or consented in a record to that provision of the partnership agreement or became a partner after the adoption of that provision.
(2)A domestication of a foreign domesticating limited liability partnership is not effective unless it is approved in accordance with the law of the foreign limited liability partnership's jurisdiction of formation.
Repealed by Chapter 93 , 2026 General Session
Enacted by Chapter 412 , 2013 General Session