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

Okla. Stat. tit. 54, § 54-500-305A: Limited duties of limited partners

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  1. OK Code
  2. Title 54

LIMITED DUTIES OF LIMITED PARTNERS.

(a) A limited partner does not have any fiduciary duty to the

limited partnership or to any other partner solely by reason of

being a limited partner.

(b) A limited partner shall discharge the duties to the

partnership and the other partners under the Uniform Limited

Partnership Act of 2010 or under the partnership agreement and

exercise any rights consistently with the obligation of good faith

and fair dealing.

(c) A limited partner does not violate a duty or obligation

under the Uniform Limited Partnership Act of 2010 or under the

partnership agreement merely because the limited partner’s conduct

furthers the limited partner’s own interest.

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

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