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Okla. Stat. tit. 54, § 54-1-904

This is the official text of Okla. Stat. tit. 54, § 54-1-904, part of Oklahoma’s Stat. tit. 54, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 54,." Browse the sections below, each linked to its official government source.

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Effect of conversion - Entity unchanged

Official statutory text

Effect of Conversion; Entity Unchanged.

(a) An organization that has been converted pursuant to this

article is for all purposes the same entity that existed before the

conversion.

(b) When a conversion takes effect:

(1) all property owned by the converting organization remains

vested in the converted organization;

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

converting organization continue as obligations of the converted

organization;

(3) an action or proceeding pending against the converting

organization may be continued as if the conversion had not occurred;

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

privileges, immunities, powers, and purposes of the converting

organization remain vested in the converted organization;

(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 agreed, the conversion does not

dissolve a converting partnership for the purposes of Article 8.

(c) A converted organization that is a foreign organization

consents to the jurisdiction of the courts of this state to enforce

any obligation owed by the converting partnership, if before the

conversion the converting partnership was subject to suit in this

state on the obligation. A converted organization that is a foreign

organization 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.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.