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§ 500-1103A. Action on plan of conversion by converting limited partnership

Oklahoma Statutes AnnotatedTitle 54. Partnership

Oklahoma Statutes Annotated
Title 54. Partnership
Chapter 9. Uniform Limited Partnership Act of 2010 (Refs & Annos)
Article 11. Conversion and Merger
54 Okl.St.Ann. § 500-1103A
§ 500-1103A. Action on plan of conversion by converting limited partnership
Currentness
ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED PARTNERSHIP.
(a) Subject to Section 97 of this act and unless the limited partnership's partnership agreement otherwise provides, a plan of conversion must be consented to by all the partners of a converting limited partnership.
(b) Subject to Section 97 of this act and any contractual rights, after a conversion is approved, and at any time before a filing is made under Section 91 of this act, a converting limited partnership may amend the plan or abandon the planned conversion:
(1) as provided in the plan; and
(2) except as prohibited by the plan, by the same consent as was required to approve the plan.

Credits

Laws 2010, c. 384, § 90, eff. Jan. 1, 2011.
54 Okl. St. Ann. § 500-1103A, OK ST T. 54 § 500-1103A
Current with legislation of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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