Oklahoma Statutes

§ 54-500-303A — No liability as limited partner for limited

Oklahoma § 54-500-303A
JurisdictionOklahoma
Title 54Partnership

This text of Oklahoma § 54-500-303A (No liability as limited partner for limited) 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, § 54-500-303A (2026).

Text

partnership obligations. NO LIABILITY AS LIMITED PARTNER FOR LIMITED PARTNERSHIP OBLIGATIONS. An obligation of a limited partnership, whether arising in contract, tort, or otherwise, is not the obligation of a limited partner. A limited partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for an obligation of the limited partnership solely by reason of being a limited partner, even if the limited partner participates in the management and control of the limited partnership.

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Legislative History

Added by Laws 2010, c. 384, § 31, eff. Jan. 1, 2011.

Nearby Sections

15
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Bluebook (online)
Oklahoma § 54-500-303A, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/54/54-500-303A.