Utah Code 48-2e-704. Power of legal representative of deceased partner
Current as of: 2023 | Check for updates
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If a partner dies, the deceased partner’s legal representative may exercise:
| (1) | the rights of a transferee provided in Subsection 48-2e-702(3); and |
| (a) | has become a limited partner under Section 48-2e-301 or was a limited partner in a limited partnership when the limited partnership became subject to this chapter under Section 48-2e-1205; and |
| (b) | has not dissociated under Section 48-2e-601. See Utah Code 48-2e-102 |
| (2) | for the purposes of settling the estate, the rights of a current limited partner under Section 48-2e-304. |
Enacted by Chapter 412, 2013 General Session