Utah § 1a-802 - Interest exchange authorized. (Effective 10/1/2026)

Full text of Utah Utah Code § 1a-802 — Interest exchange authorized. (Effective 10/1/2026), with citation guidance and answers to common questions.

§ 1a-802. Interest exchange authorized. (Effective 10/1/2026)

Effective 10/1/2026
16-1a-802.  Interest exchange authorized.
(1)Except as otherwise provided in this section, by complying with this part:
(a)a domestic entity may acquire all of one or more classes or series of interests of another domestic entity or a foreign entity in exchange for interests, securities, obligations, money, other property, or rights to acquire interests or securities;
(b)a domestic entity or foreign entity may acquire all of one or more classes or series of interests of a domestic entity in exchange for all of one or more classes or series of interests of a domestic entity; or
(c)a foreign entity may be an acquiring or acquired entity in an interest exchange under this part if the law of the foreign entity's jurisdiction of formation authorizes the interest exchange.
(2)If a protected agreement contains a provision that applies to a merger of a domestic entity but does not refer to an interest exchange, the provision applies to an interest exchange in which the domestic entity is the acquired entity as if the interest exchange were a merger until the day on which a person amends the provision.
(3)This section does not apply to a transaction described in Chapter 6a, Utah Revised Nonprofit Corporation Act.


Enacted by Chapter 93, 2026 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 1a-802

What does Utah Code § 1a-802 cover?

Section 1a-802 ("Interest exchange authorized. (Effective 10/1/2026)") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 1a-802?

A common citation format is "Utah Code § 1a-802" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 1a-802 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.