2014 Oklahoma Statutes
Title 18. Corporations
§18-2042. Foreign limited liability company - Laws governing - Powers, rights and privileges.

18 OK Stat § 18-2042 (2014) What's This?

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.

Added by Laws 1992, c. 148, § 43, eff. Sept. 1, 1992.

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