Becoming partner.

Utah Code § 48-1d-401 (until 10/1/2026), under Part 48-1d-4: Relations of Partners to Each Other and to Partnership.

Utah Code § 48-1d-401 (until 10/1/2026)

48-1d-401. Becoming partner.

(1) Upon formation of a partnership, a person becomes a partner under Subsection. 48-1d-202(1)

(2) After formation of a partnership, a person becomes a partner: as provided in the partnership agreement; as a result of a transaction effective under; or Part 10, Merger, Interest Exchange, Conversion, and Domestication with the consent of all the partners.

(3) A person may become a partner without either: acquiring a transferable interest; or making or being obligated to make a contribution to the partnership.