Utah Code
Utah Code § 48-2e-701 (2026)
Nature of transferable interest
✓ laws through the 2026 General Session (checked Sept. 2026)
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10/1/2026
The only interest of a partner which is transferable is the partner's transferable interest. A transferable interest is personal property.
Renumbered and Amended by Chapter 93, 2026 General Session
Enacted by Chapter 412, 2013 General Session
Notes of Decisions
Cited in 1
case, 2017–2017 · leading case: State v. Bruun, 2017 UT App 182, 405 P.3d 905.
State v. Bruun, 2017 UT App 182, 405 P.3d 905. “§ 48-2e-701(2), Thus, under the LLC. Act, Defendants’ ownership of 75% of Tivoli did not entitle them to 75% of the company’s specific property — in this case, the operating capital — to do with as they chose.”
Utah Code § 48-2e-701(2): 1 case
State v. Bruun, 2017 UT App 182, 405 P.3d 905. “§ 48-2e-701(2), Thus, under the LLC. Act, Defendants’ ownership of 75% of Tivoli did not entitle them to 75% of the company’s specific property — in this case, the operating capital — to do with as they chose.”
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