There Is a Newer Version of the Utah Code
2011 Utah Code
Title 48 Partnership
Chapter 2d Utah Uniform Limited Partnership Act
Section 809 (Effective 07/01/12) Administrative dissolution.
48-2d-809 (Effective 07/01/12). Administrative dissolution.(1) The division may dissolve a limited partnership administratively if the limited partnership does not, within 60 days after the due date:
(a) pay any fee, tax, or penalty due to the division under this chapter or other law; or
(b) deliver its annual report to the division.
(2) If the division determines that a ground exists for administratively dissolving a limited partnership, the division shall file a record of the determination and serve the limited partnership with a copy of the filed record.
(3) If within 60 days after service of the copy the limited partnership does not correct each ground for dissolution or demonstrate to the reasonable satisfaction of the division that each ground determined by the division does not exist, the division shall administratively dissolve the limited partnership by preparing, signing, and filing a declaration of dissolution that states the grounds for dissolution. The division shall serve the limited partnership with a copy of the filed declaration.
(4) A limited partnership administratively dissolved continues its existence but may carry on only activities necessary to wind up its activities and liquidate its assets under Sections 48-2d-803 and 48-2d-812 and to notify claimants under Sections 48-2d-806 and 48-2d-807.
(5) The administrative dissolution of a limited partnership does not terminate the authority of its agent for service of process.
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