Utah § 48-3a-601 Power to dissociate as member -- Wrongful dissociation.

Utah Statutes

§ 48-3a-601 — Power to dissociate as member -- Wrongful dissociation.

Utah § 48-3a-601

Title 48Unincorporated Business Entity Act

Ch. 48-3aUtah Revised Uniform Limited Liability Company Act

Part 48-3a-6Dissociation

This text of Utah § 48-3a-601 (Power to dissociate as member -- Wrongful dissociation.) 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. § 48-3a-601 (2026).

Text

(1)A person has the power to dissociate as a member at any time, rightfully or wrongfully, by withdrawing as a member by express will under Subsection 48-3a-602(1).

(2)A person's dissociation as a member is wrongful only if the dissociation:

(2)(a) is in breach of an express provision of the operating agreement; or

(2)(b) occurs before the completion of the winding up of the limited liability company and:

(2)(b)(i) the person withdraws as a member by express will;

(2)(b)(ii) the person is expelled as a member by judicial order under Subsection 48-3a-602(6);

(2)(b)(iii) the person is dissociated under Subsection 48-3a-602(8); or

(2)(b)(iv) in the case of a person that is not a trust other than a business trust, an estate, or an individual, the person is expelled or otherwise dissociated

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(1) A person has the power to dissociate as a member at any time, rightfully or wrongfully, by withdrawing as a member by express will under Subsection 48-3a-602(1).
(2) A person's dissociation as a member is wrongful only if the dissociation:

(2)(a) is in breach of an express provision of the operating agreement; or
(2)(b) occurs before the completion of the winding up of the limited liability company and:
(2)(b)(i) the person withdraws as a member by express will;
(2)(b)(ii) the person is expelled as a member by judicial order under Subsection 48-3a-602(6);
(2)(b)(iii) the person is dissociated under Subsection 48-3a-602(8); or
(2)(b)(iv) in the case of a person that is not a trust other than a business trust, an estate, or an individual, the person is expelled or otherwise dissociated as a member because it willfully dissolved or terminated.
(3) A person that wrongfully dissociates as a member is liable to the limited liability company and, subject to Section 48-3a-801, to the other members for damages caused by the dissociation. The liability is in addition to any debt, obligation, or other liability of the member to the limited liability company or the other members.