Internal prototype — noindexed, not linked from public navigation yet.

Okla. Stat. tit. 54, § 54-500-1105A

This is the official text of Okla. Stat. tit. 54, § 54-500-1105A, 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.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Effect of conversion

Official statutory text

EFFECT OF CONVERSION.

(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 by or against the

converting organization may be continued as if the conversion had

not occurred;

Oklahoma Statutes - Title 54. Partnership Page 145

(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;

(6) except as otherwise agreed, the conversion does not

dissolve a converting limited partnership for the purposes of

Article 8 of this act; and

(7) the conversion does not authorize a converted organization

that is a foreign organization to transact business in this state.

(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 limited partnership, if before

the conversion the converting limited 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. Service on the Secretary of State under this subsection

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

Section 17 of this act.

Status: in_force · Read it on the official government site

Need a lawyer in Oklahoma?

Find a Oklahoma lawyer
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.