Renumbered 10/1/2026
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/ut/title-48/chapter-2e/10-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Renumbered 10/1/2026
48-2e-104. Nature, purpose, and duration of limited partnership.
(1)A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.
(2)A limited partnership may have any lawful purpose, regardless of whether for profit.
(3)A limited partnership has perpetual duration.
Renumbered and Amended by Chapter 93 , 2026 General Session
Enacted by Chapter 412 , 2013 General Session