Oklahoma § 54-500-104A Nature, purpose, and duration of entity.

Oklahoma Statutes

§ 54-500-104A — Nature, purpose, and duration of entity.

Oklahoma § 54-500-104A

Title 54Partnership

This text of Oklahoma § 54-500-104A (Nature, purpose, and duration of entity.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 54, § 54-500-104A (2026).

Text

NATURE, PURPOSE, AND DURATION OF ENTITY.

(a)A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.

(b)A limited partnership may be organized under the Uniform Limited Partnership Act of 2010 for any lawful purpose.

(c)A limited partnership has a perpetual duration unless otherwise specified in its certificate of limited partnership.

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NATURE, PURPOSE, AND DURATION OF ENTITY. (a) A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership. (b) A limited partnership may be organized under the Uniform Limited Partnership Act of 2010 for any lawful purpose. (c) A limited partnership has a perpetual duration unless otherwise specified in its certificate of limited partnership.