Repealed 10/1/2026
188 words·~1 min read·
/ut/title-48/chapter-3a/10-33A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Repealed 10/1/2026
48-3a-1053. Approval of domestication.
(1)A plan of domestication of a domestic domesticating limited liability company is not effective unless it has been approved:
(a)by all the members entitled to vote on or consent to any matter; and
(b)in a record, by each member that will have interest holder liability for debts, obligations, and other liabilities that arise after the domestication becomes effective, unless:
(i)the operating agreement of the entity in a record provides for the approval of a domestication or merger in which some or all of its members become subject to interest holder liability by the vote or consent of fewer than all the members; and
(ii)the member voted for or consented in a record to that provision of the operating agreement or became an interest holder after the adoption of that provision.
(2)A domestication of a foreign domesticating limited liability company is not effective unless it is approved in accordance with the law of the foreign limited liability company's jurisdiction of formation.
Repealed by Chapter 93 , 2026 General Session
Enacted by Chapter 412 , 2013 General Session