Utah § 16-20-1103 - Ceasing to be a low-profit limited liability company. (Effective 10/1/2026)

Full text of Utah Utah Code § 16-20-1103 — Ceasing to be a low-profit limited liability company. (Effective 10/1/2026), with citation guidance and answers to common questions.

§ 16-20-1103. Ceasing to be a low-profit limited liability company. (Effective 10/1/2026)

Effective 10/1/2026
16-20-1103.  Ceasing to be a low-profit limited liability company.
(1)If a limited liability company that is a low-profit limited liability company at its formation at any time ceases to meet a requirement to be a low-profit limited liability company under Section 16-20-1102, the limited liability company:
(a)ceases to be a low-profit limited liability company on the day on which the limited liability company no longer meets the requirement; and
(b)if it continues to meet the requirements of this chapter to be a limited liability company, continues to exist as a limited liability company that is not a low-profit limited liability company.
(2)A low-profit limited liability company's failure to meet a requirement of Section 16-20-1102 may be:
(a)voluntary, in order to convert to a limited liability company that is not a low-profit limited liability company; or
(b)involuntary.
(3)If a low-profit limited liability company ceases to be a low-profit limited liability company in accordance with this section, the limited liability company shall:
(a)change the limited liability company's name to conform with Section 16-1a-302; and
(b)amend the limited liability company's certificate of organization in accordance with Section 16-20-202.


Renumbered and Amended by Chapter 92, 2026 General Session

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

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Frequently Asked Questions About Utah § 16-20-1103

What does Utah Code § 16-20-1103 cover?

Section 16-20-1103 ("Ceasing to be a low-profit limited liability company. (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 § 16-20-1103?

A common citation format is "Utah Code § 16-20-1103" (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 § 16-20-1103 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.