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Okla. Stat. tit. 54, § 54-500-103A

This is the official text of Okla. Stat. tit. 54, § 54-500-103A, 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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Knowledge and notice

Official statutory text

KNOWLEDGE AND NOTICE.

(a) A person knows a fact if the person has actual knowledge of

it.

(b) A person has notice of a fact if the person:

(1) knows of it;

(2) has received a notification of it;

(3) has reason to know it exists from all of the facts known to

the person at the time in question; or

(4) has notice of it under subsection (c) or (d) of this

section.

Oklahoma Statutes - Title 54. Partnership Page 80

(c) A certificate of limited partnership on file in the Office

of the Secretary of State is notice that the partnership is a

limited partnership and the persons designated in the certificate as

general partners are general partners. Except as otherwise provided

in subsection (d) of this section, the certificate is not notice of

any other fact.

(d) A person has notice of:

(1) another person’s dissociation as a general partner, ninety

(90) days after the effective date of an amendment to the

certificate of limited partnership which states that the other

person has dissociated or ninety (90) days after the effective date

of a statement of dissociation pertaining to the other person,

whichever occurs first;

(2) a limited partnership’s dissolution, ninety (90) days after

the effective date of an amendment to the certificate of limited

partnership stating that the limited partnership is dissolved;

(3) a limited partnership’s cessation, ninety (90) days after

the effective date of a statement of cessation;

(4) a limited partnership’s conversion under Article 11 of this

act, ninety (90) days after the effective date of the articles of

conversion; or

(5) a merger under Article 11 of this act, ninety (90) days

after the effective date of the articles of merger.

(e) A person notifies or gives a notification to another person

by taking steps reasonably required to inform the other person in

ordinary course, whether or not the other person learns of it.

(f) A person receives a notification when the notification:

(1) comes to the person’s attention; or

(2) is delivered at the person’s place of business or at any

other place held out by the person as a place for receiving

communications.

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

section, a person other than an individual knows, has notice, or

receives a notification of a fact for purposes of a particular

transaction when the individual conducting the transaction for the

person knows, has notice, or receives a notification of the fact, or

in any event when the fact would have been brought to the

individual’s attention if the person had exercised reasonable

diligence. A person other than an individual exercises reasonable

diligence if it maintains reasonable routines for communicating

significant information to the individual conducting the transaction

for the person and there is reasonable compliance with the routines.

Reasonable diligence does not require an individual acting for the

person to communicate information unless the communication is part

of the individual’s regular duties or the individual has reason to

know of the transaction and that the transaction would be materially

affected by the information.

Oklahoma Statutes - Title 54. Partnership Page 81

(h) A general partner’s knowledge, notice, or receipt of a

notification of a fact relating to the limited partnership is

effective immediately as knowledge of, notice to, or receipt of a

notification by the limited partnership, except in the case of a

fraud on the limited partnership committed by or with the consent of

the general partner. A limited partner’s knowledge, notice, or

receipt of a notification of a fact relating to the limited

partnership is not effective as knowledge of, notice to, or receipt

of a notification by the limited partnership.

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.