48-2c-607 - Notice of series -- Articles of organization.
48-2c-607. Notice of series -- Articles of organization.
(1) Notice in a company's articles of organization of the limitation on liabilities of aseries, as required by Section 48-2c-606, is sufficient whether or not the company has establishedany series at the time the notice is included in the articles of organization.
(2) The notice required by Section 48-2c-606:
(a) need not reference any specific series; and
(b) for articles of organization or an amendment to articles of organization made toinclude notice of series that is filed on or after May 11, 2010, notice in a company's articles oforganization is sufficient for purposes of Subsection (1) only if the notice of series appearsimmediately following the provision stating the name of the company.
(3) The filing of the notice required by Section 48-2c-606 with the division constitutesnotice of the limitation on liability of a series.
Amended by Chapter 43, 2010 General Session