2011 Utah Code
Title 48 Partnership
Chapter 3 Utah Revised Uniform Limited Liability Company Act
Section 304 (Effective 07/01/12) Liability of members and managers.

48-3-304 (Effective 07/01/12). Liability of members and managers.
(1) The debts, obligations, or other liabilities of a limited liability company, whether arising in contract, tort, or otherwise:
(a) are solely the debts, obligations, or other liabilities of the limited liability company; and
(b) do not become the debts, obligations, or other liabilities of a member or manager solely by reason of the member acting as a member or manager acting as a manager.
(2) The failure of a limited liability company to observe any particular formalities relating to the exercise of its powers or management of its activities is not a ground for imposing liability on the members or managers for the debts, obligations, or other liabilities of the limited liability company.

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