Okla. Stat. tit. 54, § 54-500-305A: Limited duties of limited partners
Where this section sits in the code
- OK Code
- 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