US Lawyer Database

48-3a-1102. Application of this part.

  • (1) If a conflict arises between this part and another provision of this chapter, this part controls.
  • (2) Notwithstanding the other provisions of this part, on and after January 1, 2016:
    • (a) a professional services company may not designate series of transferable interests; and
    • (b) a limited liability company may not form a professional services company as a series of the limited liability company.

Enacted by Chapter 412, 2013 General Session