Utah Statutes

§ 48-2e-116 — Dual capacity.

Utah § 48-2e-116
JurisdictionUtah
Title 48Unincorporated Business Entity Act
Ch. 48-2eUtah Uniform Limited Partnership Act
Part 48-2e-1General Provisions

This text of Utah § 48-2e-116 (Dual capacity.) 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-116 (2026).

Text

A person may be both a general partner and a limited partner. A person that is both a general and limited partner has the rights, powers, duties, and obligations provided by this chapter and the partnership agreement in each of those capacities. When the person acts as a general partner, the person is subject to the obligations, duties, and restrictions under this chapter and the partnership agreement for general partners. When the person acts as a limited partner, the person is subject to the obligations, duties, and restrictions under this chapter and the partnership agreement for limited partners.

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Legislative History

Enacted by Chapter 412, 2013 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 48-2e-116, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/48-2e-116.