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

Okla. Stat. tit. 54, § 54-500-602A: Effect of dissociation as limited partner

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  1. OK Code
  2. Title 54

EFFECT OF DISSOCIATION AS LIMITED PARTNER.

(a) Upon a person’s dissociation as a limited partner:

(1) subject to Section 62 of this act, the person does not have

further rights as a limited partner;

(2) the person’s obligation of good faith and fair dealing as a

limited partner under subsection (b) of Section 33 of this act

continues only as to matters arising and events occurring before the

dissociation; and

(3) subject to Section 62 of this act and Article 11 of this

act, any transferable interest owned by the person in the person’s

capacity as a limited partner immediately before dissociation is

owned by the person as a mere transferee.

(b) A person’s dissociation as a limited partner does not of

itself discharge the person from any obligation to the limited

partnership or the other partners which the person incurred while a

limited partner.

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

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