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Utah Code § 16-1a-1003

Plan of domestication

Enacted by Chapter 93, 2026 General Session; Effective 10/1/2026

(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:

(a) the domesticating entity's name, jurisdiction of formation, and type of entity;

(b) the domesticated entity's name, jurisdiction of formation, and type of entity;

(c) the manner of converting the interests in the domesticating entity into interests, securities, obligations, money, other property, or rights to acquire interests and securities;

(d) the proposed public organic record of the domesticated entity if the domesticated entity is a filing entity;

(e) the full text of the private organic rules of the domesticated entity that are proposed to be in a record;

(f) the other terms and conditions of the domestication; and

(g) 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 (2), a plan of domestication may contain any other provision not prohibited by law.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.