2015 Utah Code
Title 48 - Unincorporated Business Entity Act
Chapter 1d - Utah Uniform Partnership Act
Part 10 - Merger, Interest Exchange, Conversion, and Domestication
Section 1035 - Statement of interest exchange.

48-1d-1035. Statement of interest exchange.

• (1) A statement of interest exchange must be signed by a domestic acquired partnership and delivered to the division for filing.

• (2) A statement of interest exchange must contain:
  • (a) the name of the acquired partnership;
  • (b) the name, jurisdiction of formation, and type of entity of the acquiring entity; and
  • (c) a statement that the plan of interest exchange was approved by the acquired entity in accordance with Sections 48-1d-1031 through 48-1d-1036.

• (3) In addition to the requirements of Subsection (2), a statement of interest exchange may contain any other provision not prohibited by law.

• (4) A plan of interest exchange that is signed by a domestic acquired partnership and meets all the requirements of Subsection (2) may be delivered to the division for filing instead of a statement of interest exchange and on filing has the same effect. If a plan of interest exchange is filed as provided in this subsection, references in this part to a statement of interest exchange refer to the plan of interest exchange filed under this Subsection (4).

Enacted by Chapter 412, 2013 General Session