16-6a-1008.7. Conversion to or from a domestic limited liability company.
(1) A domestic nonprofit corporation may convert to a domestic limited liability company subject to, pursuant to Section, by complying with: Title 48, Chapter 3a, Utah Revised Uniform Limited Liability Company Act 48-3a-1405 this Subsection; and (1) Section. 48-3a-1041 If a domestic nonprofit corporation converts to a domestic limited liability company in accordance with this Subsection, the articles of conversion or statement of conversion, as applicable, shall: (1) comply with Sectionsand; and 48-3a-1042 48-3a-1045 if the corporation has any members, provide for: the cancellation of any membership; or the conversion of any membership in the domestic nonprofit corporation to a membership interest in the domestic limited liability company. Before articles of conversion or statement of conversion may be filed with the division, the conversion shall be approved: in the manner provided for the articles of incorporation or bylaws of the domestic nonprofit corporation; or if the articles of incorporation or bylaws of the domestic nonprofit corporation do not provide the method for approval: if the domestic nonprofit corporation has voting members, by all of the members of the domestic nonprofit corporation regardless of limitations or restrictions on the voting rights of the members; or if the nonprofit domestic corporation does not have voting members, by a majority of: the directors in office at the time the conversion is approved by the board of directors; or if directors have not been appointed or elected, the incorporators.
(2) A domestic limited liability company may convert to a domestic nonprofit corporation subject to this chapter by: filing articles of incorporation in accordance with this chapter; and complying with Section, pursuant to Section. 48-3a-1041 48-3a-1405
(3) Any conversion under this section may not result in a violation, directly or indirectly, of: Section; or 16-6a-1301 any other provision of this chapter.