Utah Code 48-4-105. Benefit company name
Current as of: 2023 | Check for updates
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48-4-105. Benefit company name.
| (1) | The name of a benefit company may contain the words “benefit limited liability company,” “benefit limited company,” or “benefit company” or the abbreviation “B.L.L.C.,” “BLLC,” “B.L.C.,” or “BLC.” “Limited” may be abbreviated as “Ltd.,” and “company” may be abbreviated as “Co.” |
| (a) | that elects to become subject to this chapter; and |
| (b) | the status of which as a benefit company has not been terminated. See Utah Code 48-4-103 |
| (2) | A benefit company that complies with Subsection (1) satisfies the requirement described in Subsection 48-3a-108(1). |
Enacted by Chapter 201, 2018 General Session