Utah § 48-1d-1032 Plan of interest exchange.

Utah Statutes

§ 48-1d-1032 — Plan of interest exchange.

Utah § 48-1d-1032

Title 48Unincorporated Business Entity Act

Ch. 48-1dUtah Uniform Partnership Act

Part 48-1d-10Merger, Interest Exchange, Conversion, and Domestication

This text of Utah § 48-1d-1032 (Plan of interest exchange.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 48-1d-1032 (2026).

Text

(1)A domestic partnership may be the acquired entity in an interest exchange under Sections 48-1d-1031 through 48-1d-1036 by approving a plan of interest exchange. The plan must be in a record and contain:

(1)(a) the name of the acquired entity;

(1)(b) the name, jurisdiction of formation, and type of entity of the acquiring entity;

(1)(c) the manner of converting the interests in the acquired entity into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of the foregoing;

(1)(d) any proposed amendments to the partnership agreement that are, or are proposed to be, in a record of the acquired entity;

(1)(e) the other terms and conditions of the interest exchange; and

(1)(f) any other provision required by the law of thi

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(1) A domestic partnership may be the acquired entity in an interest exchange under Sections 48-1d-1031 through 48-1d-1036 by approving a plan of interest exchange. The plan must be in a record and contain:

(1)(a) the name of the acquired entity;
(1)(b) the name, jurisdiction of formation, and type of entity of the acquiring entity;
(1)(c) the manner of converting the interests in the acquired entity into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of the foregoing;
(1)(d) any proposed amendments to the partnership agreement that are, or are proposed to be, in a record of the acquired entity;
(1)(e) the other terms and conditions of the interest exchange; and
(1)(f) any other provision required by the law of this state or the partnership agreement of the acquired entity.
(2) In addition to the requirements of Subsection (1), a plan of interest exchange may contain any other provision not prohibited by law.