Utah Code 48-2e-812. Judicial review of denial of reinstatement
Current as of: 2024 | Check for updates
|
Other versions
(1) If the division denies a limited partnership‘s application for reinstatement following administrative dissolution, the division shall serve the limited partnership with notice in a record that explains the reasons for the denial.
Terms Used In Utah Code 48-2e-812
- Division: means the Division of Corporations and Commercial Code. See Utah Code 48-2e-102
- Limited partnership: means an entity formed under this chapter or which becomes subject to this chapter under Part 11, Merger, Interest Exchange, Conversion, and Domestication, or Section 48-2e-1205. See Utah Code 48-2e-102
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(2) A limited partnership may seek judicial review of denial of reinstatement in the district court not later than 30 days after service of the notice of denial.