Section 1102 - Application of this part.

UT Code § 48-3a-1102 (2019) (N/A)
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(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.

(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.