Utah Code » Title 48, Chapter 2e — Utah Uniform Limited Partnership Act; part 48-2e-7 — Transferable Interest and Rights
Utah Code

Utah Code § 48-2e-701 (2026)

Nature of transferable interest

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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.

Notes of Decisions
Cited in 1 case, 2017–2017 · leading case: State v. Bruun, 405 P.3d 905 (Utah Ct. App. 2017).
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State v. Bruun, 405 P.3d 905 (Utah Ct. App. 2017). “§ 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, 405 P.3d 905 (Utah Ct. App. 2017). “§ 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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