Utah § 48-1d-1042 Plan of conversion.

Utah Statutes

§ 48-1d-1042 — Plan of conversion.

Utah § 48-1d-1042

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-1042 (Plan of conversion.) 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-1042 (2026).

Text

(1)A subject entity may convert to a domestic partnership or a domestic partnership may convert to a different type of entity under Sections 48-1d-1041 through 48-1d-1046 by approving a plan of conversion. The plan must be in a record and contain:

(1)(a) the name of the converting subject entity or partnership;

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

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

(1)(d) the proposed public organic record of the converted entity if it will be a filing entity;

(1)(e) the full text of the private organic rules of the conv

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(1) A subject entity may convert to a domestic partnership or a domestic partnership may convert to a different type of entity under Sections 48-1d-1041 through 48-1d-1046 by approving a plan of conversion. The plan must be in a record and contain:

(1)(a) the name of the converting subject entity or partnership;
(1)(b) the name, jurisdiction of formation, and type of entity of the converted entity;
(1)(c) the manner of converting the interests in the converting subject entity or partnership into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of the foregoing;
(1)(d) the proposed public organic record of the converted entity if it will be a filing entity;
(1)(e) the full text of the private organic rules of the converted entity that are proposed to be in a record;
(1)(f) the other terms and conditions of the conversion; and
(1)(g) any other provision required by the law of this state or the partnership agreement of the converting partnership.
(2) In addition to the requirements of Subsection (1), a plan of conversion may contain any other provision not prohibited by law.