Okla. Stat. tit. 54, § 54-500-602A: Effect of dissociation as limited partner
Where this section sits in the code
- OK Code
- 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