2015 Utah Code
Title 48 - Unincorporated Business Entity Act
Chapter 1d - Utah Uniform Partnership Act
Part 4 - Relations of Partners to Each Other and to Partnership
Section 406 - Actions by partnership and partners.

48-1d-406. Actions by partnership and partners.

• (1) A partnership may maintain an action against a partner for a breach of the partnership agreement, or for the violation of a duty to the partnership, causing harm to the partnership.

• (2) A partner may maintain an action against the partnership or another partner for legal or equitable relief, with or without an accounting as to the partnership's activities and affairs, to:
  • (a) enforce the partner's rights under the partnership agreement;
  • (b) enforce the partner's rights under this chapter; or
  • (c) enforce the rights and otherwise protect the interests of the partner, including rights and interests arising independently of the partnership relationship.

• (3) The accrual of, and any time limitation on, a right of action for a remedy under this section is governed by other law. A right to an accounting upon a dissolution and winding up does not revive a claim barred by law.

Enacted by Chapter 412, 2013 General Session