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Utah Code § 48-2e-1153

Approval of domestication

Repealed by Chapter 93, 2026 General Session; Enacted by Chapter 412, 2013 General Session; Repealed effective 10/1/2026

(1) A plan of domestication of a domestic domesticating limited partnership is not effective unless it has been approved:

(a) by all the partners entitled to vote on or consent to any matter; and

(b) in a record, by each partner that will have interest holder liability for debts, obligations, and other liabilities that arise after the domestication becomes effective, unless:

(i) the partnership agreement of the entity in a record provide for the approval of a domestication or merger in which some or all of its partners become subject to interest holder liability by the vote or consent of fewer than all the partners; and

(ii) the partner voted for or consented in a record to that provision of the partnership agreement or became a partner after the adoption of that provision.

(2) A domestication of a foreign domesticating limited partnership is not effective unless it is approved in accordance with the law of the foreign limited partnership's jurisdiction of formation.

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