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

Okla. Stat. tit. 54, § 54-1-406: Continuation of Partnership beyond Definite Term or

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  1. OK Code
  2. Title 54

Particular Undertaking.

Continuation of Partnership beyond Definite Term or Particular

Undertaking. (a) If a partnership for a definite term or

particular undertaking is continued, without an express agreement,

after the expiration of the term or completion of the undertaking,

the rights and duties of the partners remain the same as they were

at the expiration or completion, so far as is consistent with a

partnership at will.

(b) If the partners, or those of them who habitually acted in

the business during the term or undertaking, continue the business

without any settlement or liquidation of the partnership, they are

presumed to have agreed that the partnership will continue.

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

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