Utah Statutes

§ 48-1d-905 — Liability after dissolution.

Utah § 48-1d-905
JurisdictionUtah
Title 48Unincorporated Business Entity Act
Ch. 48-1dUtah Uniform Partnership Act
Part 48-1d-9Dissolution and Winding Up

This text of Utah § 48-1d-905 (Liability after dissolution.) 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-905 (2026).

Text

(1)If a partner having knowledge of the dissolution causes a partnership to incur an obligation under Subsection 48-1d-904(1) by an act that is not appropriate for winding up the partnership's activities and affairs, the partner is liable:
(1)(a) to the partnership for any damage caused to the partnership arising from the obligation; and
(1)(b) if another partner or person dissociated as a partner is liable for the obligation, to that other partner or person for any damage caused to that other partner or person arising from the liability.
(2)If a person dissociated as a partner causes a partnership to incur an obligation under Subsection 48-1d-904(2), the person is liable:
(2)(a) to the partnership for any damage caused to the partnership arising from the obligation; and
(2)(b) if a pa

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Legislative History

Enacted by Chapter 412, 2013 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 48-1d-905, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/48-1d-905.