State Codes and Statutes

Statutes > Utah > Title-48 > Chapter-02c > 48-2c-605

48-2c-605. No formalities required to maintain limited liability.
The failure of a company to maintain records, to hold meetings, or to observe anyformalities or requirements imposed by this chapter or by the articles of organization or theoperating agreement is not a ground for imposing personal liability on any member, manager, oremployee for any debt, obligation, or liability of the company.

Enacted by Chapter 260, 2001 General Session

State Codes and Statutes

Statutes > Utah > Title-48 > Chapter-02c > 48-2c-605

48-2c-605. No formalities required to maintain limited liability.
The failure of a company to maintain records, to hold meetings, or to observe anyformalities or requirements imposed by this chapter or by the articles of organization or theoperating agreement is not a ground for imposing personal liability on any member, manager, oremployee for any debt, obligation, or liability of the company.

Enacted by Chapter 260, 2001 General Session