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

Okla. Stat. tit. 54, § 54-500-405A: Actions by and against partnership and partners

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  1. OK Code
  2. Title 54

ACTIONS BY AND AGAINST PARTNERSHIP AND PARTNERS.

(a) To the extent not inconsistent with Section 38 of this act,

a general partner may be joined in an action against the limited

partnership or named in a separate action.

(b) A judgment against a limited partnership is not by itself a

judgment against a general partner. A judgment against a limited

partnership may not be satisfied from a general partner’s assets

unless there is also a judgment against the general partner.

(c) A judgment creditor of a general partner may not levy

execution against the assets of the general partner to satisfy a

judgment based on a claim against the limited partnership, unless

the partner is personally liable for the claim under Section 38 of

this act and:

(1) a judgment based on the same claim has been obtained

against the limited partnership and a writ of execution on the

judgment has been returned unsatisfied in whole or in part;

(2) the limited partnership is a debtor in bankruptcy;

(3) the general partner has agreed that the creditor need not

exhaust limited partnership assets;

(4) a court grants permission to the judgment creditor to levy

execution against the assets of a general partner based on a finding

that limited partnership assets subject to execution are clearly

insufficient to satisfy the judgment, that exhaustion of limited

partnership assets is excessively burdensome, or that the grant of

permission is an appropriate exercise of the court’s equitable

powers; or

(5) liability is imposed on the general partner by law or

contract independent of the existence of the limited partnership.

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

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