Utah Code 48-3a-504. Power of legal representative of deceased member
Current as of: 2023 | Check for updates
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If a member dies, the deceased member’s legal representative may exercise:
| (1) | the rights of a transferee provided in Subsection 48-3a-502(3); and |
| (a) | has become a member of a limited liability company under Section 48-3a-401 or was a member in a company when the company became subject to this chapter under Section 48-3a-1405; and |
| (b) | has not dissociated under Section 48-3a-602. See Utah Code 48-3a-102 |
| (2) | for the purposes of settling the estate, the rights the deceased member had under Section 48-3a-410. |
Enacted by Chapter 412, 2013 General Session