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Utah Code Title 48. Partnership--Unincorporated Business Entities § 48-3a-201. Formation of limited liability company--Certificate of organization

Current as of May 05, 2022 | Updated by FindLaw Staff

(1) One or more persons may act as organizers to form a limited liability company by delivering to the division for filing a certificate of organization.

(2) A certificate of organization must state:

(a) the name of the limited liability company, which must comply with Section 48-3a-108;

(b) the street and mailing address of the limited liability company's principal office;

(c) the information required by Subsection 16-17-203(1);

(d) if the limited liability company is a low-profit limited liability company, a statement that the limited liability company is a low-profit limited liability company;

(e) if the limited liability company is a professional services company, the information required by Section 48-3a-1103;  and

(f) if the limited liability company is to have one or more series in which the liabilities of the series are to be limited as contemplated by Subsection 48-3a-1201(2), notice of the limitation on liability in accordance with Section 48-3a-1202.

(3) A certificate of organization may contain statements as to matters other than those required by Subsection (2), but may not vary or otherwise affect the provisions specified in Subsection 48-3a-112(3) in a manner inconsistent with that section.  However, a statement in a certificate of organization is not effective as a statement of authority.

(4) A limited liability company is formed when the limited liability company's certificate of organization becomes effective and at least one person becomes a member.

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Cite this article: FindLaw.com - Utah Code Title 48. Partnership--Unincorporated Business Entities § 48-3a-201. Formation of limited liability company--Certificate of organization - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-48-partnership-unincorporated-business-entities/ut-code-sect-48-3a-201/

Read this complete Utah Code Title 48. Partnership--Unincorporated Business Entities § 48-3a-201. Formation of limited liability company--Certificate of organization on Westlaw

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