Utah Code 48-2e-704. Power of legal representative of deceased partner
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If a partner dies, the deceased partner’s legal representative may exercise:
(1) the rights of a transferee provided in Subsection 48-2e-702(3); and
Terms Used In Utah Code 48-2e-704
- Limited partner: means a person that:(12)(a) has become a limited partner under Section 48-2e-301 or was a limited partner in a limited partnership when the limited partnership became subject to this chapter under Section 48-2e-1205; and(12)(b) has not dissociated under Section 48-2e-601. See Utah Code 48-2e-102
- Partner: means a limited partner or general partner. See Utah Code 48-2e-102
- Transferee: means a person to which all or part of a transferable interest has been transferred, whether or not the transferor is a partner. See Utah Code 48-2e-102
(2) for the purposes of settling the estate, the rights of a current limited partner under Section 48-2e-304.