Okla. Stat. tit. 54, § 54-1-303

Statement of Partnership Authority. (a) A partnership may file

with the Secretary of State a statement of partnership authority,

which:

(1) must include:

(i) the name of the partnership;

(ii) the street address of its chief executive office and

of one office in this state, if there is one; and

(iii) the name and mailing address of an agent appointed and

maintained by the partnership for the purpose of

subsection (b) of this section; or

(iv) the names and mailing addresses of the partners

authorized to execute an instrument transferring real

property held in the name of the partnership; and

(2) may state the authority, or limitations on the authority,

of some or all of the partners to enter into other transactions on

behalf of the partnership and any other matter.

(b) If a statement of partnership authority names an agent, the

agent shall maintain a list of the names and mailing addresses of

all of the partners and make it available to any person on request

for good cause shown.

(c) If a filed statement of partnership authority is executed

pursuant to subsection (c) of Section 6 of this act and states the

name of the partnership but does not contain all of the other

information required by subsection (a) of this section, the

statement nevertheless operates with respect to a person not a

partner as provided in subsections (d) and (e) of this section.

(d) Except as otherwise provided in subsection (g) of this

section, a filed statement of partnership authority supplements the

authority of a partner to enter into transactions on behalf of the

partnership as follows:

(1) Except for transfers of real property, a grant of authority

contained in a filed statement of partnership authority is

conclusive in favor of a person who gives value without knowledge to

the contrary, so long as and to the extent that a limitation on that

authority is not then contained in another filed statement. A filed

cancellation of a limitation on authority revives the previous grant

of authority.

(2) A grant of authority to transfer real property held in the

name of the partnership contained in a certified copy of a filed

statement of partnership authority recorded in the office for

recording transfers of that real property is conclusive in favor of

a person who gives value without knowledge to the contrary, so long

as and to the extent that a certified copy of a filed statement

containing a limitation on that authority is not then of record in

the office for recording transfers of that real property. The

recording in the office for recording transfers of that real

Oklahoma Statutes - Title 54. Partnership Page 20

property of a certified copy of a filed cancellation of a limitation

on authority revives the previous grant of authority.

(e) A person not a partner is deemed to know of a limitation on

the authority of a partner to transfer real property held in the

name of the partnership if a certified copy of the filed statement

containing the limitation on authority is of record in the office

for recording transfers of that real property.

(f) Except as otherwise provided in subsections (d) and (e) of

this section and Sections 38 and 44 of this act, a person not a

partner is not deemed to know of a limitation on the authority of a

partner merely because the limitation is contained in a filed

statement.

(g) Unless earlier canceled, a filed statement of partnership

authority is canceled by operation of law five (5) years after the

date on which the statement, or the most recent amendment, was filed

with the Secretary of State.