Okla. Stat. tit. 18, § 18-441-1605

EFFECT OF CONVERSION.

(a) An entity that has been converted pursuant to this article

is for all purposes the same entity that existed before the

conversion and is not a new entity but, after conversion, is

organized under the organic law of the converted entity and is

subject to that law and other law as it applies to the converted

entity.

(b) When a conversion takes effect under this article:

Oklahoma Statutes - Title 18. Corporations Page 230

(1) All property owned by the converting entity remains vested

in the converted entity;

(2) All debts, liabilities, and other obligations of the

converting entity continue as obligations of the converted entity;

(3) An action or proceeding pending by or against the

converting entity may be continued as if the conversion had not

occurred;

(4) Except as prohibited by other law, all the rights,

privileges, immunities, powers, and purposes of the converting

entity remain vested in the converted entity;

(5) Except as otherwise provided in the plan of conversion, the

terms and conditions of the plan of conversion take effect; and

(6) Except as otherwise provided in the plan of conversion, the

conversion does not dissolve a converting limited cooperative

association for purposes of Article 12 of the Uniform Limited

Cooperative Association Act of 2009.

(c) A converted entity that is an entity organized under the

laws of a jurisdiction other than this state consents to the

jurisdiction of the courts of this state to enforce any obligation

owed by the converting limited cooperative association if, before

the conversion, the converting limited cooperative association was

subject to suit in this state on the obligation. A converted entity

that is an entity organized under the laws of a jurisdiction other

than this state and not authorized to transact business in this

state appoints the Secretary of State as its agent for service of

process for purposes of enforcing an obligation under this

subsection. Service on the Secretary of State under this subsection

is made in the same manner and with the same consequences as under

subsections (c) and (d) of Section 20 of this act.