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Terms Used In Utah Code 48-3a-1304

  • Low-profit limited liability company: means a limited liability company meeting the requirements of 13. See Utah Code 48-3a-102
     A low-profit limited liability company may engage in a merger, interest exchange, conversion, or domestication under 10, to the same extent as a limited liability company that is not a low-profit limited liability company.

Enacted by Chapter 412, 2013 General Session