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§ 2064. Periodic statements and third-party certification

Oklahoma Statutes AnnotatedTitle 18. CorporationsEffective: November 1, 2021

Oklahoma Statutes Annotated
Title 18. Corporations (Refs & Annos)
Chapter 32. Oklahoma Limited Liability Company Act (Refs & Annos)
Effective: November 1, 2021
18 Okl.St.Ann. § 2064
§ 2064. Periodic statements and third-party certification
Currentness
PERIODIC STATEMENTS AND THIRD-PARTY CERTIFICATION.
A public benefit limited liability company shall no less than biennially provide its members with a statement as to the limited liability company's promotion of the public benefit or public benefits set forth in its articles of organization and as to the best interests of those materially affected by the limited liability company's conduct. The statement shall include:
1. The objectives that have been established to promote such public benefit or public benefits and interests;
2. The standards that have been adopted to measure the limited liability company's progress in promoting such public benefit or public benefits and interests;
3. Objective factual information based on those standards regarding the limited liability company's success in meeting the objectives for promoting such public benefit or public benefits and interests; and
4. An assessment of the limited liability company's success in meeting the objectives and promoting such public benefit or public benefits and interests.

Credits

Laws 2021, c. 51, § 26, eff. Nov. 1, 2021.
18 Okl. St. Ann. § 2064, OK ST T. 18 § 2064
Current with legislation of the First Regular Session of the 59th Legislature (2023) and the First Extraordinary Session of the 59th Legislature (2023). Some sections may be more current, see credits for details.
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