Renumbered 10/1/2026
66 words·~1 min read·
/ut/title-48/chapter-3a/10-24A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Renumbered 10/1/2026
48-3a-104. Nature, purpose, and duration of limited liability company.
(1)A limited liability company is an entity distinct from its member or members.
(2)A limited liability company may have any lawful purpose, regardless of whether for profit.
(3)A limited liability company has perpetual duration.
Renumbered and Amended by Chapter 93 , 2026 General Session
Enacted by Chapter 412 , 2013 General Session