Utah Statutes

§ 48-1d-107 — Partnership agreement -- Effect on partnership and person becoming partner -- Preformation agreement.

Utah·Title 48 Unincorporated Business Entity Act·Ch. 48-1d Utah Uniform Partnership Act·Part 48-1d-1 General Provisions
(1)A partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the partnership agreement.
(2)A person that becomes a partner of a partnership is deemed to assent to the partnership agreement.
(3)Two or more persons intending to become the initial partners of a partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.

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Legislative History

Enacted by Chapter 412, 2013 General Session

Nearby Sections

15
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