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2012 Utah Code
Title 48 - Partnership
Article 1 - General and Limited Liability Partnerships
Section 12 - Nature of partner's liability.

Universal Citation:
UT Code ยง 48-1-12 (2012)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

48-1-12. Nature of partner's liability.

(1) Except as provided in Subsection (2), all partners are liable:

(a) jointly and severally for everything chargeable to the partnership under Sections 48-1-10 and 48-1-11.

(b) jointly for all other debts and obligations of the partnership, except a partner may enter into a separate obligation to perform a partnership contract.

(2) (a) A partner in a limited liability partnership is not liable, directly or indirectly, including by way of indemnification, contribution or otherwise, for a debt, obligation, or liability chargeable to the partnership arising from negligence, wrongful acts, or misconduct committed while the partnership is registered as a limited liability partnership and in the course of the partnership business by another partner, or an employee, agent, or representative of the limited liability partnership.

(b) Notwithstanding Subsection (2)(a), a partner in a limited liability partnership is liable for his own negligence, wrongful acts, or misconduct.


Amended by Chapter 61, 1994 General Session

Repealed by Chapter 353, 2011 General Session

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