Utah § 48-2e-1153 Approval of domestication.

Utah Statutes

§ 48-2e-1153 — Approval of domestication.

Utah § 48-2e-1153

Title 48Unincorporated Business Entity Act

Ch. 48-2eUtah Uniform Limited Partnership Act

Part 48-2e-11Merger, Interest Exchange, Conversion, and Domestication

This text of Utah § 48-2e-1153 (Approval of domestication.) 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. § 48-2e-1153 (2026).

Text

(1)A plan of domestication of a domestic domesticating limited partnership is not effective unless it has been approved:

(1)(a) by all the partners entitled to vote on or consent to any matter; and

(1)(b) in a record, by each partner that will have interest holder liability for debts, obligations, and other liabilities that arise after the domestication becomes effective, unless:

(1)(b)(i) the partnership agreement of the entity in a record provide for the approval of a domestication or merger in which some or all of its partners become subject to interest holder liability by the vote or consent of fewer than all the partners; and

(1)(b)(ii) the partner voted for or consented in a record to that provision of the partnership agreement or became a partner after the adoption of that provisi

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(1) A plan of domestication of a domestic domesticating limited partnership is not effective unless it has been approved:

(1)(a) by all the partners entitled to vote on or consent to any matter; and
(1)(b) in a record, by each partner that will have interest holder liability for debts, obligations, and other liabilities that arise after the domestication becomes effective, unless:
(1)(b)(i) the partnership agreement of the entity in a record provide for the approval of a domestication or merger in which some or all of its partners become subject to interest holder liability by the vote or consent of fewer than all the partners; and
(1)(b)(ii) the partner voted for or consented in a record to that provision of the partnership agreement or became a partner after the adoption of that provision.
(2) A domestication of a foreign domesticating limited partnership is not effective unless it is approved in accordance with the law of the foreign limited partnership's jurisdiction of formation.