There Is a Newer Version
of
the Utah Code
2011 Utah Code
Title 48 Partnership
Chapter 2d Utah Uniform Limited Partnership Act
Section 1102 (Effective 07/01/12) Merger.
48-2d-1102 (Effective 07/01/12). Merger.
(1) A limited partnership may merge with one or more other constituent organizations pursuant to this section, Sections 48-2d-1103 through 48-2d-1105, and a plan of merger, if:
(a) the governing statute of each of the other organizations authorizes the merger;
(b) the merger is not prohibited by the law of a jurisdiction that enacted any of the governing statutes; and
(c) each of the other organizations complies with its governing statute in effecting the merger.
(2) A plan of merger must be in a record and must include:
(a) the name and form of each constituent organization;
(b) the name and form of the surviving organization and, if the surviving organization is to be created by the merger, a statement to that effect;
(c) the terms and conditions of the merger, including the manner and basis for converting the interests in each constituent organization into any combination of money, interests in the surviving organization, and other consideration;
(d) if the surviving organization is to be created by the merger, the surviving organization's organizational documents that are proposed to be in a record; and
(e) if the surviving organization is not to be created by the merger, any amendments to be made by the merger to the surviving organization's organizational documents that are, or are proposed to be, in a record.
(1) A limited partnership may merge with one or more other constituent organizations pursuant to this section, Sections 48-2d-1103 through 48-2d-1105, and a plan of merger, if:
(a) the governing statute of each of the other organizations authorizes the merger;
(b) the merger is not prohibited by the law of a jurisdiction that enacted any of the governing statutes; and
(c) each of the other organizations complies with its governing statute in effecting the merger.
(2) A plan of merger must be in a record and must include:
(a) the name and form of each constituent organization;
(b) the name and form of the surviving organization and, if the surviving organization is to be created by the merger, a statement to that effect;
(c) the terms and conditions of the merger, including the manner and basis for converting the interests in each constituent organization into any combination of money, interests in the surviving organization, and other consideration;
(d) if the surviving organization is to be created by the merger, the surviving organization's organizational documents that are proposed to be in a record; and
(e) if the surviving organization is not to be created by the merger, any amendments to be made by the merger to the surviving organization's organizational documents that are, or are proposed to be, in a record.
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.
