§ 500-502A. Liability for contribution
Oklahoma Statutes AnnotatedTitle 54. Partnership
54 Okl.St.Ann. § 500-502A
§ 500-502A. Liability for contribution
LIABILITY FOR CONTRIBUTION.
(c) The obligation of a partner to make a contribution or return money or other property paid or distributed in violation of the Uniform Limited Partnership Act of 2010 may be compromised only by consent of all partners. A creditor of a limited partnership which extends credit or otherwise acts in reliance on an obligation described in subsection (a) of this section, without notice of any compromise under this subsection, may enforce the original obligation.
Credits
Laws 2010, c. 384, § 44, eff. Jan. 1, 2011.
54 Okl. St. Ann. § 500-502A, OK ST T. 54 § 500-502A
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document |