UTAH CODE (Last Updated: January 16, 2015) |
Title 48. Partnership |
Chapter 2e. Utah Uniform Limited Partnership Act |
Part 11. Merger, Interest Exchange, Conversion, and Domestication |
§ 48-2e-1151. Domestication authorized.
Latest version.
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(1) By complying with Sections 48-2e-1151 through 48-2e-1156, a domestic limited partnership may become a foreign limited partnership if the domestication is authorized by the law of the foreign jurisdiction. (2) By complying with the provisions of Sections 48-2e-1151 through 48-2e-1156 applicable to foreign limited partnerships, a foreign limited partnership may become a domestic limited partnership if the domestication is authorized by the law of the foreign limited partnership's jurisdiction of formation. (3) If a protected agreement contains a provision that applies to a merger of a domestic limited partnership but does not refer to a domestication, the provision applies to a domestication of the limited partnership as if the domestication were a merger until the provision is amended after January 1, 2014.
Enacted by Chapter 412, 2013 General Session