Renumbered 10/1/2026
110 words·~1 min read·
/ut/title-48/chapter-1d/10-97A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Renumbered 10/1/2026
48-1d-401. Becoming partner.
(1)Upon formation of a partnership, a person becomes a partner under Subsection 48-1d-202(1) .
(2)After formation of a partnership, a person becomes a partner:
(a)as provided in the partnership agreement;
(b)as a result of a transaction effective under Part 10, Merger, Interest Exchange, Conversion, and Domestication ; or
(c)with the consent of all the partners.
(3)A person may become a partner without either:
(a)acquiring a transferable interest; or
(b)making or being obligated to make a contribution to the partnership.
Renumbered and Amended by Chapter 93 , 2026 General Session
Enacted by Chapter 412 , 2013 General Session