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

Okla. Stat. tit. 54, § 54-1-602: Partner's Power to Dissociate; Wrongful Dissociation

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  1. OK Code
  2. Title 54

Partner's Power to Dissociate; Wrongful Dissociation. (a) A

partner has the power to dissociate at any time, rightfully or

wrongfully, by express will pursuant to paragraph (1) of Section 32

of this act.

(b) A partner's dissociation is wrongful only if:

(1) it is in breach of an express provision of the partnership

agreement; or

(2) in the case of a partnership for a definite term or

particular undertaking, before the expiration of the term or the

completion of the undertaking:

(i) the partner withdraws by express will, unless the

withdrawal follows within ninety (90) days after

another partner's dissociation by death or otherwise

under paragraphs (6) through (10) of Section 32 of

this act or wrongful dissociation under this

subsection;

(ii) the partner is expelled by judicial determination

under paragraph (5) of Section 32 of this act;

(iii) the partner is dissociated by becoming a debtor in

bankruptcy; or

(iv) in the case of a partner who is not an individual,

trust other than a business trust, or estate, the

partner is expelled or otherwise dissociated because

it willfully dissolved or terminated.

(c) A partner who wrongfully dissociates is liable to the

partnership and to the other partners for damages caused by the

dissociation. The liability is in addition to any other obligation

of the partner to the partnership or to the other partners.

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

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