Utah Code § 48-2e-113

Current through the 2024 Fourth Special Session
Section 48-2e-113 - Partnership agreement - Effect on limited partnership and person becoming partner - Preformation agreement
(1) A limited partnership is bound by and may enforce the partnership agreement, whether or not the limited partnership has itself manifested assent to the partnership agreement.
(2) A person that becomes a partner of a limited partnership is deemed to assent to the partnership agreement.
(3) Two or more persons intending to become the initial partners of a limited partnership may make an agreement providing that upon the formation of the limited partnership the agreement will become the limited partnership agreement.

Utah Code § 48-2e-113

Added by Chapter 412, 2013 General Session ,§ 160, eff. 1/1/2014.