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Utah Code § 48-1d-1042

Plan of conversion

Known as the Utah Uniform Partnership Act

The act spans §§ 48–48 (133 sections).

Repealed by Chapter 93, 2026 General Session; Amended by Chapter 227, 2015 General Session; Repealed effective 10/1/2026

(1) A subject entity may convert to a domestic partnership or a domestic partnership may convert to a different type of entity under Sections 48-1d-1041 through 48-1d-1046 by approving a plan of conversion. The plan must be in a record and contain:

(a) the name of the converting subject entity or partnership;

(b) the name, jurisdiction of formation, and type of entity of the converted entity;

(c) the manner of converting the interests in the converting subject entity or partnership into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of the foregoing;

(d) the proposed public organic record of the converted entity if it will be a filing entity;

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

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

(g) any other provision required by the law of this state or the partnership agreement of the converting partnership.

(2) In addition to the requirements of Subsection (1), a plan of conversion 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.