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§ 2042. Foreign limited liability company--Laws governing--Powers, rights and privileges

Oklahoma Statutes AnnotatedTitle 18. Corporations

Oklahoma Statutes Annotated
Title 18. Corporations (Refs & Annos)
Chapter 32. Oklahoma Limited Liability Company Act (Refs & Annos)
18 Okl.St.Ann. § 2042
§ 2042. Foreign limited liability company--Laws governing--Powers, rights and privileges
Currentness
A. Subject to the Constitution of this state:
1. The laws of the state or other jurisdiction under which a foreign limited liability company is organized shall govern its organization and internal affairs and the liability of its managers and members; and
2. A foreign limited liability company may not be denied registration by reason of any difference between those laws and the laws of this state.
B. A foreign limited liability company holding a valid registration in this state shall have no greater rights and privileges than a domestic limited liability company. The registration shall not be deemed to authorize the foreign limited liability company to exercise any of its powers or purposes that a domestic limited liability company is forbidden by law to exercise in this state.

Credits

Laws 1992, c. 148, § 43, eff. Sept. 1, 1992.
18 Okl. St. Ann. § 2042, OK ST T. 18 § 2042
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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