Okla. Stat. tit. 18, § 18-441-1601: Definitions

DEFINITIONS. In this article:

(1) “Constituent entity” means an entity that is a party to a

merger.

(2) “Constituent limited cooperative association” means a

limited cooperative association that is a party to a merger.

(3) “Converted entity” means the organization into which a

converting entity converts pursuant to Sections 135 through 138 of

this act.

(4) “Converting entity” means an entity that converts into

another entity pursuant to Sections 135 through 138 of this act.

(5) “Converting limited cooperative association” means a

converting entity that is a limited cooperative association.

(6) “Organizational documents” means articles of incorporation,

bylaws, articles of organization, operating agreements, partnership

agreements, or other documents serving a similar function in the

creation and governance of an entity.

(7) “Personal liability” means personal liability for a debt,

liability, or other obligation of an entity imposed, by operation of

law or otherwise, on a person that co-owns or has an interest in the

entity:

(A) by the entity’s organic law solely because of the

person co-owning or having an interest in the entity;

or

(B) by the entity’s organizational documents under a

provision of the entity’s organic law authorizing

those documents to make one or more specified persons

liable for all or specified parts of the entity’s

debts, liabilities, and other obligations solely

because the person co-owns or has an interest in the

entity.

(8) “Surviving entity” means an entity into which one or more

other entities are merged, whether the entity existed before the

merger or is created by the merger.