There Is a Newer Version
of
the Utah Code
2012 Utah Code
Title 48 - Partnership
Article 2c - Utah Revised Limited Liability Company Act
Section 504 - Operating agreement for a one-member company.
Universal Citation:
UT Code ยง 48-2c-504 (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.
48-2c-504. 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.
Enacted by Chapter 260, 2001 General Session
Repealed by Chapter 353, 2011 General Session
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.
