Utah § 16-19-406 - Management rights of general partner. (Effective 10/1/2026)

Full text of Utah Utah Code § 16-19-406 — Management rights of general partner. (Effective 10/1/2026), with citation guidance and answers to common questions.

§ 16-19-406. Management rights of general partner. (Effective 10/1/2026)

Effective 10/1/2026
16-19-406. Management rights of general partner.

(1)

(a)	Each general partner has equal rights in the management and conduct of the limited partnership's activities and affairs.

(b)	Except as otherwise provided in this chapter, any matter relating to the activities and affairs of the limited partnership is decided exclusively by the general partner or, if there is more than one general partner, by a majority of the general partners.

(2)

The affirmative vote or consent of all partners is required to:

(a)	amend the partnership agreement;

(b)	amend the certificate of limited partnership to add or delete a statement that the limited partnership is a limited liability limited partnership;

(c)	sell, lease, exchange, or otherwise dispose of all, or substantially all, of the limited partnership's property, with or without the good will, other than in the usual and regular course of the limited partnership's activities and affairs; and

(d)

approve a transaction under:

(i)	Chapter 1a, Part 7, Merger;

(ii)	Chapter 1a, Part 8, Interest Exchange;

(iii)

Chapter 1a, Part 9, Conversion; or

(iv)	Chapter 1a, Part 10, Domestication.

(3)	A limited partnership shall reimburse a general partner for an advance to the limited partnership beyond the amount of capital the general partner agreed to contribute.

(4)	A payment or advance made by a general partner which gives rise to an obligation of the limited partnership under Subsection (3) or Subsection 16-19-408(1) constitutes a loan to the limited partnership which accrues interest from the date of the payment or advance.

(5)	A general partner is not entitled to remuneration for services performed for the limited partnership.

Renumbered and Amended by Chapter 93, 2026 General Session

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

Frequently Asked Questions About Utah § 16-19-406

What does Utah Code § 16-19-406 cover?

Section 16-19-406 ("Management rights of general partner. (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 § 16-19-406?

A common citation format is "Utah Code § 16-19-406" (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 § 16-19-406 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

Official text of § 16-19-406 at the Utah source

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