Oklahoma Statutes
§ 54-1-1103 — Effect Of Failure To Qualify.
Oklahoma·Title 54 Partnership
Effect Of Failure To Qualify.
(a)A foreign limited liability partnership transacting business in this state may not maintain an action or proceeding in this state unless it has in effect a statement of foreign qualification.
(b)The failure of a foreign limited liability partnership to have in effect a statement of foreign qualification does not impair the validity of a contract or act of the foreign limited liability partnership or preclude it from defending an action or proceeding in this state.
(c)A limitation on personal liability of a partner is not waived solely by transacting business in this state without a statement of foreign qualification.
(d)If a foreign limited liability partnership transacts business in this state without a statement of foreign qualification, the Secretary
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Oklahoma § 54-1-1103 (Effect Of Failure To Qualify.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 1997, c. 399, § 59, eff. Nov. 1, 1997.
Nearby Sections
15
§ 54-1
Repealed§ 54-1-100
Short title.§ 54-1-1002
Name.§ 54-1-101
Definitions.§ 54-1-102
Knowledge and Notice.§ 54-1-104
Supplemental Principles of Law.§ 54-1-106
Governing Law.§ 54-1-1102
Statement Of Foreign Qualification.§ 54-1-1103
Effect Of Failure To Qualify.