Utah Code

Utah Code § 48-2e-104 (2026)

Nature, purpose, and duration of limited partnership

✓ laws through the 2026 General Session (checked Sept. 2026)
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10/1/2026

A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.
A limited partnership may have any lawful purpose, regardless of whether for profit.
A limited partnership has perpetual duration.

Renumbered and Amended by Chapter 93, 2026 General Session

Enacted by Chapter 412, 2013 General Session

Notes of Decisions
Cited in 1 case, 2015–2015 · leading case: CFD Payson, LLC v. Christensen, 2015 UT App 251, 361 P.3d 145.
CFD Payson, LLC v. Christensen, 2015 UT App 251, 361 P.3d 145. “§ 48-2e-104. The nature of a member's interest in an LLC is "personal property regardless of the nature of the property owned by the company" and "[a] member has no interest in specific property of a company.”
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