Utah Code § 16-16-116

Current through the 2024 Fourth Special Session
Section 16-16-116 - Dual capacity

A person may have both a patron member's interest and an investor member's interest. When such person acts as a patron member, the person is subject to this chapter and the organic rules governing patron members. When such person acts as an investor member, the person is subject to this chapter and the organic rules governing investor members.

Utah Code § 16-16-116

Enacted by Chapter 363, 2008 General Session.