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2025 Utah Code
Title 48 - Unincorporated Business Entity Act
Chapter 2e - Utah Uniform Limited Partnership Act
Part 8 - Dissolution and Winding up
Section 804 - Power to bind partnership after dissolution.
Universal Citation:
UT Code § 48-2e-804 (2025)
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48-2e-804. Power to bind partnership after dissolution.
Enacted by Chapter 412, 2013 General Session
- (1) A limited partnership is bound by a general partner's act after dissolution which:
- (a) is appropriate for winding up the limited partnership's activities and affairs; or
- (b) would have bound the limited partnership under Section 48-2e-402 before dissolution, if, at the time the other party enters into the transaction, the other party does not know or have notice of the dissolution.
- (2) A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution if:
- (a) at the time the other party enters into the transaction:
- (i) less than two years has passed since the dissociation; and
- (ii) the other party does not have notice of the dissociation and reasonably believes that the person is a general partner; and
- (b) the act:
- (i) is appropriate for winding up the limited partnership's activities and affairs; or
- (ii) would have bound the limited partnership under Section 48-2e-402 before dissolution and at the time the other party enters into the transaction the other party does not have notice of the dissolution.
- (a) at the time the other party enters into the transaction:
Enacted by Chapter 412, 2013 General Session
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