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

Okla. Stat. tit. 54, § 54-500-804A: Power of general partner and person dissociated as

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  1. OK Code
  2. Title 54

general partner to bind partnership after dissolution.

POWER OF GENERAL PARTNER AND PERSON DISSOCIATED AS GENERAL

PARTNER TO BIND PARTNERSHIP AFTER DISSOLUTION.

(a) A limited partnership is bound by a general partner’s act

after dissolution which:

(1) is appropriate for winding up the limited partnership’s

activities; or

(2) would have bound the limited partnership under Section 36

of this act before dissolution, if, at the time the other party

enters into the transaction, the other party does not have notice of

the dissolution.

(b) A person dissociated as a general partner binds a limited

partnership through an act occurring after dissolution if:

(1) at the time the other party enters into the transaction:

(A) less than two (2) years has passed since the

dissociation; and

(B) the other party does not have notice of the

dissociation and reasonably believes that the person

is a general partner; and

(2) the act:

(A) is appropriate for winding up the limited

partnership’s activities; or

(B) would have bound the limited partnership under Section

36 of this act before dissolution and at the time the

other party enters into the transaction the other

party does not have notice of the dissolution.

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

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