Oklahoma Statutes
§ 54-500-1103A — Action on plan of conversion by converting limited
Oklahoma·Title 54 Partnership
partnership. ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED PARTNERSHIP.
(a)Subject to Section 97 of this act and unless the limited partnership’s partnership agreement otherwise provides, a plan of conversion must be consented to by all the partners of a converting limited partnership.
(b)Subject to Section 97 of this act and any contractual rights, after a conversion is approved, and at any time before a filing is made under Section 91 of this act, a converting limited partnership may amend the plan or abandon the planned conversion:
(1)as provided in the plan; and (2) except as prohibited by the plan, by the same consent as was required to approve the plan.
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Legislative History
Added by Laws 2010, c. 384, § 90, eff. Jan. 1, 2011.
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Repealed§ 54-1-100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.