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17 chapters · 1,000 sections in this title.
Utah Code § 16-20-1001 (eff. 10/1/2026) Series of transferable interests.
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16-20-1001. Series of transferable interests. (1) An operating agreement may establish or provide for the establishment of a designated series of transferable interests having separate rights, powers, or duties with respect to specified property or obligations of the limited liab…
Utah Code § 16-20-1002 (eff. 10/1/2026) Notice of limitation on liability of a series.
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16-20-1002. Notice of limitation on liability of a series. (1) Notice in a limited liability company's certificate of organization of the limitation on liabilities of a series as referenced in Subsectionis sufficient for all purposes of this part whether or not the limited liabil…
Utah Code § 16-20-1003 (eff. 10/1/2026) Agreement to be liable.
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16-20-1003. Agreement to be liable. Notwithstanding Section, or a contrary provision in an operating agreement, a member or manager may agree to be obligated personally for any or all of the debts, obligations, or liabilities of one or more series.
Utah Code § 16-20-1004 (eff. 10/1/2026) Series related provisions in operating agreement.
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16-20-1004. Series related provisions in operating agreement. (1) An operating agreement may provide for classes or groups of members or managers associated with a series having such relative rights, powers, and duties as the operating agreement may provide. (2) The operating agr…