2011 Utah Code
Title 48 Partnership
Chapter 2c Utah Revised Limited Liability Company Act
Section 1006 (Repealed 07/01/12) Duty to return wrongful distributions.

48-2c-1006 (Repealed 07/01/12). Duty to return wrongful distributions.
If a member receives a distribution by mistake or in violation of the articles of organization, the operating agreement, or Section 48-2c-1005, that member is obligated to return the wrongful distribution to the company and shall remain liable to the company for a period of five years thereafter for the amount of the distribution wrongfully made provided a proceeding to recover the distribution from the member is commenced prior to the expiration of the five-year period.