Renumbered 10/1/2026

168 words·~1 min read·/ut/title-48/chapter-3a/10-109

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

48-3a-603. Effect of dissociation.

(1)If a person is dissociated as a member:

(a)the person's right to participate as a member in the management and conduct of the company's activities and affairs terminates;

(b)if the limited liability company is member-managed, the person's duties and obligations under Section 48-3a-409 as a member end with regard to matters arising and events occurring after the person's dissociation; and

(c)subject to Section 48-3a-504 and Part 10, Merger, Interest Exchange, Conversion, and Domestication , any transferable interest owned by the person in the person's capacity as a member immediately before dissociation as a member is owned by the person solely as a transferee.

(2)A person's dissociation as a member does not of itself discharge the person from any debt, obligation, or other liability to the limited liability company or the other members which the person incurred while a member.

Renumbered and Amended by Chapter 93 , 2026 General Session

Enacted by Chapter 412 , 2013 General Session