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Utah Code § 48-1d-401

Becoming partner

Known as the Utah Uniform Partnership Act

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

Renumbered and Amended by Chapter 93, 2026 General Session; Enacted by Chapter 412, 2013 General Session; End date 10/1/2026

(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:

(a) as provided in the partnership agreement;

(b) as a result of a transaction effective under Part 10, Merger, Interest Exchange, Conversion, and Domestication; or

(c) with the consent of all the partners.

(3) A person may become a partner without either:

(a) acquiring a transferable interest; or

(b) making or being obligated to make a contribution to the partnership.

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