2010 Utah Code
Title 48 - Partnership
Chapter 02c - Utah Revised Limited Liability Company Act
48-2c-707 - Classes of members.

48-2c-707. Classes of members.
(1) The articles of organization or operating agreement of a company may provide for classes or groups of members having such relative rights, powers, and duties as prescribed therein, and may make provision for the future creation of any such classes or groups.
(2) Except as provided in Subsection 48-2c-803(2), the articles of organization or operating agreement may provide for the taking of an action, including the amendment of the operating agreement, without the vote or approval of any member or class or group of members and may provide that any particular class or group shall have no voting rights.

Amended by Chapter 193, 2002 General Session

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.