There is a newer version of the Utah Code
2011 Utah Code
Title 48 Partnership
Chapter 2c Utah Revised Limited Liability Company Act
Section 504 (Repealed 07/01/12) Operating agreement for a one-member company.
48-2c-504 (Repealed 07/01/12). Operating agreement for a one-member company.(1) A written declaration or written guidelines signed by the sole member of a company constitutes an operating agreement for purposes of this chapter if the member designates in the declaration or guidelines that the written declaration or guidelines constitutes the operating agreement.
(2) The operating agreement of a company having only one member shall not be unenforceable by reason of there being only one person who is a party to the agreement.
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