Renumbered 10/1/2026
131 words·~1 min read·
/ut/title-48/chapter-2e/10-72A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Renumbered 10/1/2026
48-2e-301. Becoming limited partners.
(1)Upon formation of a limited partnership, a person becomes a limited partner as agreed among the persons that are to be the initial partners.
(2)After formation, a person becomes a limited partner:
(a)as provided in the partnership agreement;
(b)as the result of a transaction effective under Part 11, Merger, Interest Exchange, Conversion, and Domestication ;
(c)with the affirmative vote or consent of all the partners; or
(d)as provided in Subsection 48-2e-801(1)(d) or (1)(e) .
(3)A person may become a partner without:
(a)acquiring a transferable interest; or
(b)making or being obligated to make a contribution to the limited partnership.
Renumbered and Amended by Chapter 93 , 2026 General Session
Enacted by Chapter 412 , 2013 General Session