§ 48-4-102 — Application and effect of chapter.

Utah § 48-4-102

• Jurisdiction: Utah
• Title 48: Unincorporated Business Entity Act
• Ch. 48-4: Benefit Limited Liability Company Act
• Part 48-4-1: General Provisions

Text

(1) This chapter applies to a benefit company organized under this chapter.
(2) (2)(a) The existence of a provision in this chapter does not itself create an implication that a contrary or different rule of law is applicable to a limited liability company that is not a benefit company.
(2)(b) This chapter does not affect a statute or rule of law that is applicable to a limited liability company that is not a benefit company.
(3) (3)(a) Except as otherwise provided in this chapter, Title 48, Chapter 3a, Utah Revised Uniform Limited Liability Company Act, applies to a benefit company.
(3)(b) The provisions of this chapter control over any inconsistent provision of Title 48, Chapter 3a, Utah Revised Uniform Limited Liability Company Act.
(4) The operating agreement of a benefit company may not limit, be inconsistent with, or supersede a provision of this chapter.

Legislative History

Amended by Chapter 136, 2019 General Session