Oklahoma § 18-2023 - Contribution of member - Form
Full text of Oklahoma Oklahoma Statutes § 18-2023 — Contribution of member - Form, with citation guidance and answers to common questions.
§ 18-2023. Contribution of member - Form
The contribution of a member to a limited liability company may
be in cash, property, services rendered, or a promissory note or
other binding obligation to contribute cash or property or to
perform services. A person may be admitted to a limited liability
company as a member of the limited liability company and may receive
a membership interest in the limited liability company without
making a contribution or being obligated to make a contribution to
the limited liability company. Unless otherwise provided in the
operating agreement, a person may be admitted to a limited liability
company as a member of the limited liability company without
acquiring a membership interest in the limited liability company.
Oklahoma Statutes - Title 18. Corporations
Unless otherwise provided in the operating agreement, a person may
be admitted as the sole member of a limited liability company
without making a contribution or being obligated to make a
contribution to the limited liability company or without acquiring a
membership interest in the limited liability company.
Added by Laws 1992, c. 148, § 24, eff. Sept. 1, 1992. Amended by
Laws 2004, c. 255, § 43, eff. Nov. 1, 2004.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 18-2023
What does Oklahoma Statutes § 18-2023 cover?
Section 18-2023 ("Contribution of member - Form") 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 § 18-2023?
A common citation format is "Oklahoma Statutes § 18-2023" (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 § 18-2023 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.