Oklahoma § 18-2019
Full text of Oklahoma Oklahoma Statutes § 18-2019, with citation guidance and answers to common questions.
§ 18-2019.
Managers as agents.
MANAGERS AS AGENTS
A. Every manager is an agent of the limited liability company
for the purpose of its business, and the act of every manager,
including the execution in the limited liability company name of any
instrument for apparently carrying on the business of the limited
liability company of which he is a manager, binds the limited
liability company, unless the manager so acting lacks the authority
to act for the limited liability company in the particular matter,
and the person with whom he is dealing has knowledge of the fact
Oklahoma Statutes - Title 18. Corporations
that he has no such authority. The unauthorized acts of the manager
shall bind the limited liability company as to persons acting in
good faith who have no knowledge of the fact that the manager had no
such authority.
B. Subject to the provisions of subsection A of this section
and Section 2019.1 of this title, instruments and documents
providing for the acquisition, mortgage, or disposition of real or
personal property of the limited liability company shall be valid
and binding upon the limited liability company if executed by one or
more of its managers.
Added by Laws 1992, c. 148, § 20, eff. Sept. 1, 1992. Amended by
Laws 1993, c. 366, § 10, eff. Sept. 1, 1993; Laws 2017, c. 323, §
41, eff. Nov. 1, 2017.
Frequently Asked Questions About Oklahoma § 18-2019
What does Oklahoma Statutes § 18-2019 cover?
Section 18-2019 is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 18-2019?
A common citation format is "Oklahoma Statutes § 18-2019" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 18-2019 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.