Utah § 48-1d-401 Becoming partner.

Utah Statutes

§ 48-1d-401 — Becoming partner.

Utah § 48-1d-401

Title 48Unincorporated Business Entity Act

Ch. 48-1dUtah Uniform Partnership Act

Part 48-1d-4Relations of Partners to Each Other and to Partnership

This text of Utah § 48-1d-401 (Becoming partner.) 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-401 (2026).

Text

(1)Upon formation of a partnership, a person becomes a partner under Subsection 48-1d-202(1).

(2)After formation of a partnership, a person becomes a partner:

(2)(a) as provided in the partnership agreement;

(2)(b) as a result of a transaction effective under Part 10, Merger, Interest Exchange, Conversion, and Domestication; or

(2)(c) with the consent of all the partners.

(3)A person may become a partner without either:

(3)(a) acquiring a transferable interest; or

(3)(b) making or being obligated to make a contribution to the partnership.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Upon formation of a partnership, a person becomes a partner under Subsection 48-1d-202(1).
(2) After formation of a partnership, a person becomes a partner:

(2)(a) as provided in the partnership agreement;
(2)(b) as a result of a transaction effective under Part 10, Merger, Interest Exchange, Conversion, and Domestication; or
(2)(c) with the consent of all the partners.
(3) A person may become a partner without either:

(3)(a) acquiring a transferable interest; or
(3)(b) making or being obligated to make a contribution to the partnership.