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Business Law |
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Welcome to the Business Law Section |
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2009-2010 Section Officers
Legislation Alert!Senator Hillyard and Reed Martineau, Uniform Law Commissioners, are directing an effort to review and prepare legislation for the possible adoption of the Revised Uniform Partnership Act (“RUPA”), Revised Uniform Limited Partnership Act (“RULPA”), and the Revised Uniform Limited Liability Company Act (“RULLCA”) (collectively, the “Acts”). If adopted, these Acts would supersede Utah’s existing unincorporated statutes.
Representatives of the Business Section of the Utah State Bar are participating on an ad hoc working group to assist in this effort. Although the practicalities of the working group will not allow participation of large numbers, the ad hoc working group wants to inform the Utah State Bar members of this effort and to encourage members to review these Acts and to submit comments. Following are the links to the Acts:
RULLCA: http://www.law.upenn.edu/bll/archives/ulc/ullca/2006act_final.htm RULPA: http://www.law.upenn.edu/bll/archives/ulc/ulpa/final2001.htm RUPA: http://www.law.upenn.edu/bll/archives/ulc/uparta/1997act_final.htm Furthermore, a blog has been established to post comments regarding these efforts, the Acts, or suggested changes to the Acts or Utah’s unincorporated business statutes which can be accessed through the following link: http://www.utahbar.org/sections/businesslaw/blog/ Once legislation has been prepared, further opportunities to review and comment on the legislation will be given.
Questions regarding this effort may also be address to: Russell Smith, Chair of the Business Section, Durham Jones & Pinegar, 111 East Broadway, Suite 900, Salt Lake City, Utah 84110, (801) 415-3000, Fax (801) 415-3500,; or to Patricia Owen, Associate General Counsel Office of Legislative Research and General Counsel State Capitol Complex, W210 House Building Salt Lake City, Utah 84114-5210, (801) 538-1032, Fax (801) 538-1712.
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