Plan of domestication.

Utah Code § 16-1a-1003 (eff. 10/1/2026), under Part 16-1a-10: Domestication.

Utah Code § 16-1a-1003 (eff. 10/1/2026)

16-1a-1003. Plan of domestication.

(1) A domestic entity may become a foreign entity in a domestication by approving a plan of domestication.

(2) The domestic entity shall ensure that a plan of domestication is in a record and that the plan of domestication contains: the domesticating entity's name, jurisdiction of formation, and type of entity; the domesticated entity's name, jurisdiction of formation, and type of entity; the manner of converting the interests in the domesticating entity into interests, securities, obligations, money, other property, or rights to acquire interests and securities; the proposed public organic record of the domesticated entity if the domesticated entity is a filing entity; the full text of the private organic rules of the domesticated entity that are proposed to be in a record; the other terms and conditions of the domestication; and any other provision required by the law of this state or the organic rules of the domesticating entity.

(3) In addition to the requirements described in Subsection, a plan of domestication may contain any other provision not prohibited by law. (2)