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Partnership | |
Utah Revised Limited Liability Company Act | |
Section 405 | When amendment to articles of organization required. |
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48-2c-405 (Repealed 07/01/12). When amendment to articles of organization
required. The articles of organization of a company shall be amended when: (1) there is a change in the name of the company; (2) there is a change in the character of the business of the company specified in the articles of organization; (3) there is a false or erroneous statement in the articles of organization; (4) there is a change in the period of duration of the company that is: (a) stated in the articles of organization; or (b) provided for in Section 48-2c-403; (5) there is a change in: (a) the management structure of the company from a manager-managed company to a member-managed company or from a member-managed company to a manager-managed company; (b) if the company is manager-managed, who is a manager of the company; or (c) if the company is member-managed, who is a member of the company; (6) in accordance with Section 48-2c-412, the company ceases to be a low-profit limited liability company; or (7) the members desire to make a change in any other statement in the articles of organization in order for the articles to accurately represent the agreement among the members.
Amended by Chapter 141, 2009 General Session |
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