Okla. Stat. tit. 54, § 54-500-1001A
This is the official text of Okla. Stat. tit. 54, § 54-500-1001A, 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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Direct action by partner
Official statutory text
DIRECT ACTION BY PARTNER.
(a) Subject to subsection (b) of this section, a partner may
maintain a direct action against the limited partnership or another
partner for legal or equitable relief, with or without an accounting
as to the partnership’s activities, to enforce the rights and
Oklahoma Statutes - Title 54. Partnership Page 139
otherwise protect the interests of the partner, including rights and
interests under the partnership agreement or the Uniform Limited
Partnership Act of 2010 or arising independently of the partnership
relationship.
(b) A partner commencing a direct action under this section is
required to plead and prove an actual or threatened injury that is
not solely the result of an injury suffered or threatened to be
suffered by the limited partnership.
(c) The accrual of, and any time limitation on, a right of
action for a remedy under this section is governed by other law. A
right to an accounting upon a dissolution and winding up does not
revive a claim barred by law.
(a) Subject to subsection (b) of this section, a partner may
maintain a direct action against the limited partnership or another
partner for legal or equitable relief, with or without an accounting
as to the partnership’s activities, to enforce the rights and
Oklahoma Statutes - Title 54. Partnership Page 139
otherwise protect the interests of the partner, including rights and
interests under the partnership agreement or the Uniform Limited
Partnership Act of 2010 or arising independently of the partnership
relationship.
(b) A partner commencing a direct action under this section is
required to plead and prove an actual or threatened injury that is
not solely the result of an injury suffered or threatened to be
suffered by the limited partnership.
(c) The accrual of, and any time limitation on, a right of
action for a remedy under this section is governed by other law. A
right to an accounting upon a dissolution and winding up does not
revive a claim barred by law.
Status: in_force · Read it on the official government site
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