2011 Utah Code
Title 48 Partnership
Chapter 1b Utah Uniform Partnership Act
Section 1205 (Effective 07/01/12) Applicability.

48-1b-1205 (Effective 07/01/12). Applicability.
(1) Before January 1, 2014, this chapter governs only a partnership formed:
(a) after July 1, 2012, except a partnership that is continuing the business of a dissolved partnership; and
(b) before July 1, 2012, that elects, as provided by Subsection (3), to be governed by this chapter.
(2) On and after January 1, 2014, this chapter governs all partnerships.
(3) Before January 1, 2014, a partnership voluntarily may elect, in the manner provided in its partnership agreement or by law for amending the partnership agreement, to be governed by this chapter. The provisions of this chapter relating to the liability of the partnership's partners to third parties apply to limit those partners' liability to a third party who had done business with the partnership within one year before the partnership's election to be governed by this chapter only if the third party knows or has received a notification of the partnership's election to be governed by this chapter.

Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.