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

Okla. Stat. tit. 54, § 54-1-405: Actions by Partnership and Partners

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

Actions by Partnership and Partners. (a) A partnership may

maintain an action against a partner for a breach of the partnership

agreement, or for the violation of a duty to the partnership,

causing harm to the partnership.

(b) A partner may maintain an action against the partnership or

another partner for legal or equitable relief, with or without an

accounting as to partnership business, to:

(1) enforce the partner's rights under the partnership

agreement;

(2) enforce the partner's rights under this act, including:

(i) the partner's rights under Sections 22, 24, or 25 of

this act;

(ii) the partner's right on dissociation to have the

partner's interest in the partnership purchased

pursuant to Section 35 of this act or enforce any

other right under Article 6 or 7 of this act; or

(iii) the partner's right to compel a dissolution and

winding up of the partnership business under Section

40 of this act or enforce any other right under

Article 8 of this act; or

(3) enforce the rights and otherwise protect the interests of

the partner, including rights and interests arising independently of

the partnership relationship.

(c) The accrual of, and any time limitation on, a right of

action for a remedy under this section is governed by other law. A

right to an accounting upon a dissolution and winding up does not

revive a claim barred by law.

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

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