Nature, purpose, and duration of limited partnership.

Utah Code § 48-2e-104 (until 10/1/2026), under Part 48-2e-1: General Provisions.

Utah Code § 48-2e-104 (until 10/1/2026)

48-2e-104. Nature, purpose, and duration of limited partnership.

(1) A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.

(2) A limited partnership may have any lawful purpose, regardless of whether for profit.

(3) A limited partnership has perpetual duration.