2011 Utah Code
Title 48 Partnership
Chapter 3 Utah Revised Uniform Limited Liability Company Act
Section 1405 (Effective 07/01/12) Application to existing relationships.

48-3-1405 (Effective 07/01/12). Application to existing relationships.
(1) Before January 1, 2014, this chapter governs only:
(a) a limited liability company formed on or after July 1, 2012; and
(b) subject to Subsection (3), a limited liability company formed before July 1, 2012, which elects, in the manner provided in its operating agreement or by law for amending the operating agreement, to be subject to this chapter.
(2) Subject to Subsection (3), on and after January 1, 2014, this chapter governs all limited liability companies.
(3) For the purposes of applying this chapter to a limited liability company formed before July 1, 2012:
(a) the limited liability company's articles of organization are deemed to be the company's certificate of organization;
(b) for the purposes of applying Subsection 48-3-102(10) and subject to Subsection 48-3-112(4), language in the company's certificates of organization designating the limited liability company's management structure operates as if that language were in the operating agreement; and
(c) the limited liability company has a perpetual duration unless otherwise stated in the limited liability company's articles of organization.

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