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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 54, § 54-1-204: When Property is Partnership Property

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Where this section sits in the code
  1. OK Code
  2. Title 54

When Property is Partnership Property. (a) Property is

partnership property if acquired in the name of:

(1) the partnership; or

(2) one or more partners with an indication in the instrument

transferring title to the property of the person's capacity as a

partner or of the existence of a partnership but without an

indication of the name of the partnership.

(b) Property is acquired in the name of the partnership by a

transfer to:

(1) the partnership in its name; or

(2) one or more partners in their capacity as partners in the

partnership, if the name of the partnership is indicated in the

instrument transferring title to the property.

(c) Property is presumed to be partnership property if

purchased with partnership assets, even if not acquired in the name

of the partnership or of one or more partners with an indication in

the instrument transferring title to the property of the person's

capacity as a partner or of the existence of a partnership.

(d) Property acquired in the name of one or more of the

partners, without an indication in the instrument transferring title

to the property of the person's capacity as a partner or of the

existence of a partnership and without use of partnership assets, is

presumed to be separate property, even if used for partnership

purposes.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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